 | United States. Internal Revenue Service - 1924 - 396 pages
...title, after excluding ail items of capital gain, capital loss^ and capital deductions; and (8) The term "capital assets " means property held by the. taxpayer...taxable year, or property held by the taxpayer primarily for sals in the course of his trade or business. (b) In the case of any taxpayer (other than a corporation)... | |
 | Eric Louis Kohler - 1924 - 514 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... | |
 | United States - 1924 - 260 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 inPARTS OP INCOME SUBJECT TO RATES FOR DIFFERENT YEARS. Sec 206. That whenever parts... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 pages
...title, after excluding all items of capital gain, capital loss, and capital deductions; and (8) The term "capital assets" means property held by the taxpayer...stock in trade of the taxpayer or other property of CAPITAL GAIN. SEC. 206. (a) That for the purpose of this title : (1) The term "capital gain" means... | |
 | United States. Congress. House. Committee on Ways and Means - 1927 - 1034 pages
...real property acquired by the taxpayer for investment and held for any period of time, and all other property held by the taxpayer for more than two years...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. Congress. House. Committee on Ways and Means - 1927 - 1032 pages
...real property acquired by the taxpayer for investment and, held for any period of time, and all other property held by the taxpayer for more than two years...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... | |
 | 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... | |
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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... 
