 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...whole or in part, theft or_ seizure, or an exercise of the power of requisition or condemnation, or^the threat or imminence thereof) is compulsorily or involuntarily...under regulations prescribed by the Commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | United States. Congress. Senate. Committee on Finance - 1928 - 272 pages
...HUMPHREYS. Let me see, and I think I have it here. The CHAIRMAN. Paragraph 5 is as follows: (5) If property (as a result of its destruction in whole...under regulations prescribed by the commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | United States. U.S. Congress. Senate. Committee on finance - 1928 - 274 pages
...HUMPHREYS. Let me see, and I think I have it here. The CHAIRMAN. Paragraph 5 is as follows: (5) If property (as a result of its destruction in whole...under regulations prescribed by the commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | United States - 1928 - 1164 pages
...by each is substantially in proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole...under regulations prescribed by the commissioner with the approval of the Secretary, expended in the acquisition of 'other property similar or related in... | |
 | United States - 1928 - 268 pages
...property or money, then no loss from the exchange shall be recognized. (f) Involuntary conversions. — If property (as a result of its destruction in whole...under regulations prescribed by the Commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...$100, less cash received $i). Involuntary conversion. — LAW. Section 203.** .... (b) .... (5) If property (as a result of its destruction in whole...under regulations prescribed by the Commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...property or money, then no loss from the exchange shall be recognized. (f) Involuntary conversions. — If property (as, a result of its destruction in whole...under regulations prescribed by the Commissioner with the approval of the Secretary, expended iu the acquisition of other property similar or related in... | |
 | United States. Board of Tax Appeals - 1933 - 1618 pages
...under section 202, shall be recognized, except as hereinafter provided in this section. (b) (5) If property (as a result of Its destruction in whole...under regulations prescribed by the Commissioner with the approval of the Secretary, expended in the acquisition of other property similar or related in... | |
 | United States. Board of Tax Appeals - 1934 - 1512 pages
...112. RECOGNITION OF GAIN OB LOSS. *•»•••• (f) Involuntary convention*. — If property (us a result of Its destruction in whole or in part, theft,...to the property so converted, or into money which la forthwith in good faith, under regulations prescribed by the Commissioner with the within the terras... | |
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If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise of the power of requisition or condemnation, or the threat or imminence thereof... 
