| 2000 - 586 pages
...treatment for options dealers and commodities dealers Present Law In general, gain or loss on the sale of stock in trade of the taxpayer or other property of a kind which would properly be included in inventory, or property that is held by the taxpayer primarily for sale... | |
| United States. Congress. Joint Committee on Taxation - 2001 - 620 pages
...property held by the taxpayer other than certain listed exceptions. A principal exception applies to "stock in trade of the taxpayer or other property...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business."58 This exception is intended... | |
| United States - 1939 - 780 pages
...thisl chapter — (1) 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... | |
| Bruce R. Hopkins - 2005 - 816 pages
...augmented deduction is available under the following circumstances: 1. The gift is of property that is o Stock in trade of the taxpayer or other property of a kind that would properly be included in the taxpayer's inventory if on hand at the close of the tax year,39... | |
| Joseph B. Darby - 2006 - 542 pages
...income tax purposes and debt instruments (including accounts receivable).63 4. Class IV assets are stock in trade of the taxpayer or other property of a kind that would properly be included in the inventory of a taxpayer if on hand at the close of the tax year,... | |
| Glenn R. Carrington - 2007 - 744 pages
...to Class III assets (most debt instruments, including accounts receivable), then to Class IV assets (stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of taxpayer if on hand at the close of the taxable year,... | |
| CCH Tax Law Editors - 2008 - 2242 pages
...convertible into the stock of the issuer or other property. (iv) Class IV assets. — Class IV assets are stock in trade of the taxpayer or other property of a kind that would properly be included in the inventory of taxpayer if on hand at the close of the taxable... | |
| CCH Incorporated, CCH Tax Law Editors - 2008 - 1632 pages
...by the taxpayer (whether or not connected with his trade or business), but does not include — (1) stock in trade of the taxpayer or other property of...taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business; (2) property, used in his trade... | |
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