 | 1940 - 1806 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory ressed or manifestly incompatible with the intent...estate, partnership, company, or corporation. (2) Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | 1941 - 1688 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | 1976 - 412 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | 1959 - 1584 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | United States. Congress. Senate. Select Committee on Small Business - 1956 - 134 pages
...available. Evidence such as specific purchases or sales by you or others made in reasonable volume and in good faith, or compensation paid for cancellation of contracts for purchase commitments, must be used. LOWER THAN MARKET. Where, in the regular course of business, you have offered for sale... | |
 | 1961 - 566 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | United States. Internal Revenue Service - 1977 - 632 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. When the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
 | United States. Internal Revenue Service - 1979 - 664 pages
..."bid price" by using "such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments." ยง 1.471-4(b). The Regulations specify two situations in which a taxpayer is permitted to value inventory... | |
 | United States. Tax Court - 1975 - 1220 pages
...the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or...cancellation of contracts for purchase commitments. Where the taxpayer in the regular course of business has offered for sale such merchandise at prices... | |
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Where no open market exists or where quotations are nominal, due to stagnant market conditions, the taxpayer must use such evidence of a fair market price at the date or dates nearest the inventory as may be available, such as specific purchases or sales... 
