...of a plan of reorganization, to a shareholder in a corporation a party to the reorganization, stork or securities in such corporation or in another corporation a party to the reorganization, without the surrender by such shareholder of stock or securities in such a corporation,...

...if preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (3) STOCK FOR STOCK ON REORGANIZATION. — No gain...corporation or in another corporation a party to the reorganization. (4) SAME. — GAIN OF CORPORATION. — No gain or loss shall be recognized if a corporation...

...(b)(6).5 The exception claimed to be relevant here is contained In subsection (b) (3). It provides : "Stock for stock on reorganization. No gain or loss...corporation or in another corporation a party to the reorganization." By definition, contained in section 112(g) (1) (B), the term "reorganisation" means...

...(b)(6).° The exception claimed to be relevant here is contained in subsection (b)(3). It provides: "Stock for stock on reorganization. No gain or loss...corporation or in another corporation a party to the reorganization." By definition, contained in § 112 (g)(l)(B), the term "reorganization" means "the...

...(b)(6).5 The exception claimed to be relevant here is contained in subsection (b)(3). It provides: "Stock for stock on reorganization. No gain or loss...corporation or in another corporation a party to the reorganization." By definition, contained in § 112 (g)(l)(B), the term "reorganization" means "the...

...a corporation a party to a reorganization are, In pursuance of the plan of reorganization, achanged solely for stock or securities In such corporation or In another corporation « party to the reorganization. • •»••• • (b), EICIPTION. — (1) IN GENERAL. — Subsection...

...recognized it stock or securities In a corporation a party to a reorganization are. In pursuance oí the plan of reorganization, exchanged solely for stock...corporation or In another corporation a party to the reorganization. (2) Limitation. Paragraph (1) shall not apply if — (A) The principal amount of any...

...referred to in section 341 (a) is recognized gain. Section 354 ( a) (1) of the Code provides that no gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. Since, in the instant case, section 354 ( a) (1) of the Code provides for the nonrecognition...

...OF GAIN OR LOSS FROM SALES AND EXCHANGES. SEC. 203. • • • (b) • • • (2) No gain or lose shall be recognized if stock or securities In a corporation...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized If a corporation a party to a reorganization...

...another corporation a party to the reorganization. Section 354 (a) ( 1 ) of the Code provides that no gain or loss shall be recognized if stock or securities...solely for stock or securities in such corporation or m another corporation a party to the reorganization. Section 1. 368-1 (b) of the Income Tax Regulations...