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" ... resulting from such distribution shall be considered as a gain from the sale or exchange of a capital asset held for not more than 6 months. "
Statistics of Income - Page 316
by United States. Internal Revenue Service - 1951
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Internal Revenue Bulletin: Cumulative bulletin

United States. Internal Revenue Service - 1962
...thereof (1) any gain on the closing of such short sale shall be considered as a gain on the sale or exchange of a capital asset held for not more than 6 months (notwithstanding the period of time any property used to close such short sale has been held) ; and...
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Statistics of Income

United States. Internal Revenue Service - 1955
...distinction is made between short- and long-term capital gain and loss and different rules are applied for the treatment of each. The distinction between...gain or loss resulting from the sale or exchange of a capital asset held for not more than 6 months, and 100 percent of the recognized gain or loss thereon...
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Internal Revenue Code of 1954, as Amended and in Force on January 3, 1961

United States, United States. Congress. Joint Committee on Internal Revenue Taxation - 1961 - 1148 pages
...regard to this part) resulting from such distribution shall be considered as a gain from the sale or eration in m R (b) SPECIAL RULE FOR CERTAIN LIQUIDATIONS BEFORE 1956. Subsection (a) shall not apply in the case...
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Journal of the Senate of the United States of America

United States. Congress. Senate - 1964
...closing thereof, any gain on the closing of such short sale shall be considered as a gain on the sale or Nka_ ]䨋 F 6 G !S V 8D + | At f_m3[ U]tv (notwithstanding the period of time any property used to close such short sale has been held) ; or...
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Legislative History of H.R. 13103, 89th Congress: Foreign Investors Tax Act ...

United States. Congress. House. Committee on Ways and Means - 1967
...granted by the taxpayer as part of a straddle, the gain shall be deemed to be gain from the sale or exchange of a capital asset held for not more than 6 months on the day that the option expired. "(2) Exception. This subsection shall not apply to any person...
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Internal Revenue Cumulative Bulletin

United States. Internal Revenue Service - 1979
...applicable. Section 1222(2) of the Code defines "short-term capital loss" as the loss from the sale or exchange of a capital asset held for not more than 6 months (for taxable years beginning before 1977). In Arrowsmith v. Commissioner, 344 US 6 (1952), Ct. D. 1752,...
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Internal Revenue Cumulative Bulletin

United States. Internal Revenue Service - 1973
...granted by the taxpayer as part of a straddle, the gain shall be deemed to be gain from the sale or exchange of a capital asset held for not more than 6 months on the day that the option expired. ( 2 ) Exception. This subsection shall not apply to any person...
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Reports of the United States Tax Court, Volume 95

United States. Tax Court - 1991
...deducting the $141,000 on Schedule D of their 1984 return as a short-term capital loss from sale or exchange of a capital asset held for not more than 6 months, petitioners were obviously claiming the deduction under section 166(d)(l)(B) as a nonbusiness bad debt....
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Reports of the United States Tax Court, Volume 55

United States. Tax Court - 1970
...* (2) SHORT-TEEM CAPITAL LOSS. The term "short-term capital loss" means loss from the sale or exchange of a capital asset held for not more than 6 months, If and to the extent that such loss Is taken Into account in computing taxable Income. ...
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Code of Federal Regulations: Containing a Codification of Documents of ...

1973
...income. (2) Short-term capital loss. The term "short-term capital loss" means loss from the sale or exchange of a capital asset held for not more than 6 months, if and to the extent that such loss is taken into account in computing taxable income. (3) Long-term...
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