 | United States. Tax Court - 1963 - 1180 pages
...(a) DEALERS IN PERSONAL PROPERTY. Under regulations prescribed by the Secretary or bis delegate, a person who regularly sells or otherwise disposes of personal property on the Installment plnn may return as Income therefrom In any taxable year that proportion of the Installment payments... | |
 | United States. Internal Revenue Service - 1964 - 1462 pages
...reporting income. Under the provisions of section 453 (a) of the Code, a dealer in personal property q m İL# $ Af \ O % D ) 6 cUO >0 5!! M[ Z is generally permitted to return as income therefrom in any taxable year that proportion of the installment... | |
 | 1966 - 268 pages
...prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes oí personal property on the Installment plan may return...payments actually received In that year which the gross profit, realized or to be realized when payment Is completed, bears to the total contract price.... | |
 | 1968 - 340 pages
...personal property (1) In general. Under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...income therefrom in any taxable year that proportion oí the Installment payments actually received in that year which the gross profit, realized or to... | |
 | United States. Internal Revenue Service - 1974 - 624 pages
...(a) ( 1 ) of the Code provides that under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
 | United States. Internal Revenue Service - 1976 - 720 pages
...basis in the partnership interest was $90,000. Section 453 (a) of the Code provides, in part, that a person who regularly sells or otherwise disposes...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
 | United States. Internal Revenue Service - 1976 - 624 pages
...incurred by the sellers in connection with the sale. Section 453 (a) of the Code provides, in part, that a person who regularly sells or otherwise disposes...payments actually received in that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
 | United States. Internal Revenue Service - 1965 - 1150 pages
...PERSONAL PROPERTY. (1) IN GENERAL. Under regulations prescribed by the Secretary or his delegate, a person who regularly sells or otherwise disposes...payments actually received In that year which the gross profit, realized or to be realized when payment is completed, bears to the total contract price.... | |
 | United States. Tax Court - 1969 - 1192 pages
... (1) In OBHBRAL. Under regulations prescribed by the Secretary or his delegate, a person woo regularly sells or otherwise disposes of personal...payments actually received In that year which the gross profit, realized or to be realized when payment IB completed, bears to the total contract price.... | |
| |
Secretary, a person who regularly sells or otherwise disposes of personal property on the installment plan may return as income therefrom in any taxable year that proportion of the installment payments actually received in that year which the gross profit... 
