 capital assets" means property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer...  Reports of the U.S. Board of Tax Appeals - Page 275by United States. Board of Tax Appeals - 1937Full view - About this book
 | Homer Bews Vanderblue, Charles Insco Gragg - 1927 - 702 pages
...does not include property held for the personal use or consumption of the taxpayer or his family, or stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable... | |
 | Clem Wetzell Collins - 1928 - 976 pages
...not include property held for the personal use or consumption of the taxpayer or his family, or stork in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable... | |
 | United States. Internal Revenue Service - 1951 - 530 pages
...carried. Definition of capital assets. — The term "capital assets" means property held by the taxpayer (whether or not connected with his trade or business),...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business, or property used in the trade... | |
 | 1954 - 766 pages
...total amount received or accrued during such period from the sale, exchange, or other disposition of stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale to customer* in the ordinary course of He trade or business, and (b) The groe* income, attributable... | |
 | 1951 - 984 pages
...by the taxpayer (whether or not connected with In- trade or business), but does not Include stock m trade of the taxpayer or other property of a kind...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of bis trade or business, or property ueed In the trade... | |
 | Robert Hiester Montgomery - 1925 - 1928 pages
...does not include property held for the personal use or consumption of the taxpayer or his family, or stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer it on hand at the close of the taxable... | |
 | Robert Hiester Montgomery - 1923 - 1760 pages
...(for example, a dwelling) held for the personal use or consumption of the taxpayer or his family, or stock in trade of the taxpayer or other property of a kind properly included in an inventory. The specific property sold or exchanged must have been held for... | |
 | United States. Congress. Senate. Committee on Finance - 1934 - 630 pages
...capital assets. — For the purposes of this title, 'capital assets' means property held by the taxpayer (whether or not connected with his trade or business),...taxable year, or property held by the taxpayer primarily for sale or for use in the course of his trade or business." We respectfully suggest that this amendment... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 502 pages
...assets. — For the purposes of this title, " capital assets " means property held by the taxpayer (whether or not connected with his trade or business),...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business. (c) Determination of period... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1936 - 308 pages
...CAPITAL ASSETS. — For the purposes of this title, "capital assets" means property held by the taxpayer (whether or not connected with his trade or business)...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business. (c) DETERMINATION OF PERIOD... | |
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