 IN LIQUIDATION. — Amounts distributed in complete liquidation of a corporation shall be treated as in full payment in exchange for the stock, and amounts distributed in partial liquidation of a corporation shall be treated as in part or full payment...  Comparison of the Revenue Acts of 1934 and 1936 - Page 79by United States, United States. Congress. House. Committee on Ways and Means - 1936 - 290 pagesFull view - About this book
 | Harrison B. Spaulding - 1927 - 336 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202, but shall be recognized only to the extent provided in section 203. In the case of amounts distributed... | |
 | United States - 1928 - 268 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202, but shall be recognized only to the extent provided in section 203. In the case of amounts distributed... | |
 | United States - 1928 - 1164 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 935. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 933, but shall be recognized only to the extent provided in section 934. In the case of amounts distributed... | |
 | Clem Wetzell Collins - 1928 - 976 pages
...of $10,000 to A which is subject to both normal and surtax. The Act of 1924 provides that : tributed in partial liquidation of a corporation shall be treated...or full payment in exchange for the stock. The gain on a liquidating dividend is now subject to normal and surtax. Under the 1921 Act that part of the... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...are treated in Chapter 26. Liquidating dividends not considered dividends. — LAW. Section 201 (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202 [see page 432] but shall be recognized only to the extent provided in section 203. [See page 384... | |
 | Robert Hiester Montgomery - 1925 - 1928 pages
...payments in exchange for stock." T4 LAW. Section 201 (c) Amounts distributed in complete liquidation71 of a corporation shall be treated as in full payment...from such exchange shall be determined under section 202,™ but shall be recognized only to the extent provided in section 203." .... " For full discussion... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...1082 (A)], which held that section 31 (b) of the 1917 law applied to distributions in liquidation. exchange for the stock, and amounts distributed in...from such exchange shall be determined under section 202," but shall be recognized only to the extent provided in section 2O3.M The distinction between... | |
 | United States. Internal Revenue Service - 1931 - 502 pages
...Distributions in liquidation. — Amounts distributed in complete liquidation of a corporation are to be treated as in full payment in exchange for the...stock, and amounts distributed in partial liquidation are to be treated as in part or full payment in exchange for the stock so canceled or redeemed. The... | |
 | United States. Board of Tax Appeals - 1933 - 1616 pages
...of 1926. The statutes in question, so far as here applicable, read as follows : Sec. 201. (c) * * * amounts distributed in partial liquidation of a corporation shall be treated as in part or full payment iu exchange for the stock. The gain or loss to the distributee resulting from such exchange shall be... | |
 | United States. Bureau of Internal Revenue - 1933 - 452 pages
...Distributions in liquidation.—Amounts distributed in complete liquidation of a corporation are to be treated as in full payment in exchange for the...stock, and amounts distributed in partial liquidation are to be treated as in part or full payment in exchange for the stock so canceled or redeemed. The... | |
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