 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...interest or control in such property of 80 per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (8) SAME — CORPORATION CONTROLLED BY TRANSFEROR. — If the property (other than stock or securities... | |
 | United States - 1928 - 1164 pages
...securities in connection with a transaction described in paragraph (4) of subdivision (b) of section 934 (including, also, cases where part of the consideration...transferor upon such transfer under the law applicable to'4 the year in which the transfer was made ; (9) If the property consists of stock or securities... | |
 | United States - 1928 - 268 pages
...interest or control in such property of 80 per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; This paragraph shall not apply if the property acquired consists of stock or ^securities in a corporation... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...securities in connection with a transaction described in paragraph (4) of subdivision (b) of section 203 (including, also, cases where part of the consideration...applicable to the year in which the transfer was made ; Paragraphs (7) and (8) of section 204 (a) are retroactive in establishing a basis, while paragraph... | |
 | Robert Hiester Montgomery - 1927 - 592 pages
...interest or control in such property of 8o per centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (8) If the property (other than stock or securities in a corporation a party to a reorganization) was... | |
 | United States. Board of Tax Appeals - 1930 - 1460 pages
...securities in connection with a transaction described in paragraph (4) of subdivision (b) of section 203 (including, also. cases where part of the consideration...applicable to the year in which the transfer was made. Paragraph 4 of subdivision (b) of section 203, referred to in the section of the Act aforesaid, provides:... | |
 | United States. Board of Tax Appeals - 1930 - 1608 pages
...for the transfer of raeb property to the corporation was property or money in addition to such Sock or securities), then the basis shall be the same as...such transfer under the law applicable to the year iu which the transfer was made ; ******* « (c) The basis upon which depletion, exhaustion, wear and... | |
 | United States. Board of Tax Appeals - 1930 - 1554 pages
...be the cost of such property ; except that— ******* ihen the basis shall be the same as it would be In the hands of the transferor, increased in the...applicable to the year In which the transfer was made ; * * * Section 203 (b) (4) provides : No gain or loss shall be recognized If property Is transferred... | |
 | United States. Board of Tax Appeals - 1933 - 1618 pages
...lease for stock of the petitioner, and that this basis should be " increased in the amount of gain or decreased in the amount of loss recognized to the...applicable to the year in which the transfer was made." The transfer of these assets to the petitioner took place in 1923, at which time the Revenue Act of... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...paid-in surplus or as a contribution to capital, the basis of such property shall be the same as it would be in the hands of the transferor, increased in the...the amount of loss recognized to the transferor upon the transfer under the law applicable to the year in which the transArt. 599 § 113 contract or option... | |
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... shall be the same as it would be in the hands of the transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer was made. 
