 | United States. Tax Court - 1950 - 1526 pages
...DISTRIBUTIONS BY CORPORATIONS. • «**.., (c) DISTRIBUTIONS IN LIQCIDATION.— Amounts diRtributed in complete liquidation of a corporation shall be...full payment In exchange for the stock, and amounts asset value. It does not follow, however, that the petitioner sustained a short term capital loss upon... | |
 | United States, Walter Elbert Barton - 1950 - 1126 pages
...meaning of the last sentence of subsection (a). Sec. 115. (o) Distribution* i: liquidation.—Amounts distributed in complete liquidation of a corporation shall be treated as in full See. 115. (b) Source of distributions. Same as 1944. Sec. 115. (e) Distributions in liquidation. Same... | |
 | United States. Tax Court - 1951 - 1674 pages
...we held that: 'SEC. 115. DISTRIBUTIONS BY CORPORATIONS. • •••••• (cj. DISTRIBUTION IK LIQUIDATION. — Amounts distributed In complete liquidation...as In full payment In exchange for the stock, and amount* distributed In partial liquidation of a corporation shall be treated as In part or full payment... | |
 | United States. Tax Court - 1951 - 1658 pages
...case, we said among other things, as follows : Section 115 (c) of the Revenue Act of 1934 provides that amounts distributed in complete liquidation of a corporation...as in full payment in exchange for the stock, and the gain or loss to the distributee resulting from such exchange shall be determined under section... | |
 | United States. Internal Revenue Service - 1968 - 938 pages
...complete or partial liqt dation of a corporation. Under section 331 (a) (1), it is provided that amoun distributed in complete liquidation of a corporation shall be treated as in fi payment in exchange for the stock. Under section 331(a) (2), it is provided tb amounts distributed... | |
 | United States. Tax Court - 1954 - 1158 pages
...also assumed. The • SEC. 115. DISTRIBUTIONS BY CORPORATIONS. • •*•••• (c) DISTRIBUTION IN LIQUIDATION. — Amounts distributed In complete...in exchange for the stock, and amounts distributed hi partial liquidation of a corporation shall be treated as In part or full payment in exchange for... | |
 | Wisconsin - 1955 - 850 pages
...GAIN OR LOSS TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS. (1) GENERAL RULE, (a) Complete liquidations. Amounts distributed in complete liquidation of a corporation...treated as in full payment in exchange for the stock. (b) Partial liquidations. Amounts distributed in partial liquidation of a corporation (as defined in... | |
 | Wisconsin - 1955 - 890 pages
...GAIN OR LOSS TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS. (1) GENERAL RULE. (a) Complete liquidations. Amounts distributed in complete liquidation of a corporation...treated as in full payment in exchange for the stock. (b) Partial liquidations. Amounts distributed in partial liquidation of a corporation (as defined in... | |
 | United States. Internal Revenue Service - 1956 - 1348 pages
...redemption of such stock, to the extent it is not in excess of the fair market value of the stock redeemed, shall be treated as in full payment in exchange for the stock under the provisions of section 302(a) and (b) (1) of the Internal Revenue Code of 1954. The difference... | |
 | United States. Congress. House. Committee on Ways and Means - 1958 - 1170 pages
...CORPORATE LIQUIDATIONS AND CERTAIN REDEMPTIONS. "(a) General Rule. — "(1) Complete liquidations. — Amounts distributed in complete liquidation of a corporation...treated as In full payment in exchange for the stock. "(1) Recognition of gain in general. — Except in the case of distributions described in paragraph... | |
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Amounts distributed In complete liquidation of a corporation shall be treated as In full payment in exchange for the stock... 
