 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
 | United States. Board of Tax Appeals - 1934 - 1646 pages
...earnings or profits accumulated after February 28, 1913." Subsection (c) provides: (c) Distrtbutioiis in liquidation. — Amounts distributed in complete...in part or full payment in exchange for the stock. * * * Subsection (h) is as follows: (h) Definition of partial liquidation. — As used in this section... | |
 | United States. Board of Tax Appeals - 1934 - 1512 pages
...affd., 63 Feel. (2d) 619; Warner Co., 26 BTA 1225. Section 201 (c), Revenue Act of 1926, provides that amounts distributed in complete liquidation of a corporation...treated as in full payment in exchange for the stock. Cf. Henri/ B. B.abaon, 27 BTA 859. Where, as here, property is received in such a distribution, under... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1935 - 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 - 1936 - 1468 pages
...cancellation or redemption of the 215y2 shares of stock owned by the petitioner. Subsection (c) provides that amounts distributed in partial liquidation of a corporation...part or full payment in exchange for the stock. The parties have agreed that if the petitioner's contention is correct, the gain determined under section... | |
 | United States. Internal Revenue Service - 1936 - 604 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... | |
 | 1924 - 1040 pages
...the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corp9ration shall be treated as in full payment in exchange for...The gain or loss to the distributee resulting from su<h exchange eh all be determined under section 202. but «hall be recognized only to the extent provided... | |
 | United States. Board of Tax Appeals - 1937 - 1380 pages
...Distributions by corporations shall be taxable to the shareholders as provided In section 115. SEC. 115. (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...shall be treated as In full payment in exchange for tbe stock, and amounts distributed in partial liquidation of a corporation shall be treated as in part... | |
 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...distribution shall be applied against and reduce the adjusted basis of the stock provided in section J 1 3. (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...from such exchange shall be determined under section 100 111, but shall be recognized only to the extent provided in section 112. Despite the provisions... | |
 | United States. Board of Tax Appeals - 1939 - 1380 pages
...201. (o) Amount!) distributed In complete liquidation of a corporation shall be treated as In fall payment in exchange for the stock, and amounts distributed...In part or full payment In exchange for the stock. * * » • •••••• in the plan of reorganization. But whether or not the certificates evidencing... | |
 | United States. Supreme Court - 1939 - 1032 pages
...as hereinafter provided in this section." 1 Petitioners concede that the command of § 115 (c) that amounts distributed in complete liquidation of a corporation...as in full payment in exchange for the stock" and that the "gain or loss . . . shall be determined under section 111," requires the gain or loss upon... | |
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