Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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 79
by United States, United States. Congress. House. Committee on Ways and Means - 1936 - 290 pages
Full view - About this book

Reports of the Tax Court of the United States, Volume 46

United States. Tax Court - 1966
...TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS. (a) GENERAL RULE.— (1) COMPLETE LiyrinATioNS.—Amounts distributed In complete liquidation of a corporation...treated as In full payment In exchange for the stock. (2) PARTIAL LIQUIDATIONS.—Amounts distributed In partial liquidation of a corporation (as defined...
Full view - About this book

Reports of the Tax Court of the United States, Volume 6

United States. Tax Court - 1947
...Income. • • *" Revenue Act of 1938 : "SBC. 115. DISTRIBUTIONS BY CORPORATIONS. *•««•«• "(c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...liquidation of a corporation shall be treated as in part or in full payment In exchange for the stock. The gain or loss to the distributee resulting from such...
Full view - About this book

Reports of the Tax Court of the United States, Volume 20

United States. Tax Court - 1954
...•••••• • (c) DISTRIBUTION IN LIQUIDATION. — Amounts distributed In complete liquidation of i corporation shall be treated as in full payment in...liquidation of a corporation shall be treated as In part or fnll p»jment in exchange for the stock. The gain or loss to the distributee resulting from such exchange...
Full view - About this book

Reports of the Tax Court of the United States, Volume 2

United States. Tax Court - 1943
...as follows : "(c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed In complete liquidation oft corporation shall be treated as In full payment In...liquidation of a corporation shall be treated as In pnrt or full payment in exchange for the stock. The Rain or loss to the distributee resulting from...
Full view - About this book

Reports of the Tax Court of the United States, Volume 6

United States. Tax Court - 1947
...Revenue Acts of 1034 and 1936 : "SEC. 116. DISTRIBUTIONS BY CORPORATIONS. • • * • • • • "(c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...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...
Full view - About this book

Reports of the Tax Court of the United States, Volume 3

United States. Tax Court - 1945
...$99,635.25, which he contends represented « SEC. 115. DISTRIBUTIONS BY CORPOEATIONS. »«•••». (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...treated as in full payment in exchange for the stock • • •. The gain or loss to the distributee resulting from such exchange shall be determined under...
Full view - About this book

Reports of the Tax Court of the United States, Volume 24

United States. Tax Court - 1956
...preferred stock. Section 115, which concerns distributions by corporations, provides in subsection (c) that "amounts distributed in partial liquidation of a corporation...in part or full payment in exchange for the stock," thus according any gain realized the benefit of capital gains treatment. A partial liquidation is defined...
Full view - About this book

Internal Revenue Cumulative Bulletin

United States. Internal Revenue Service - 1979
...X had no other stock outstanding. LAW AND ANALYSIS Section 331 (a) ( 1 ) of the Code provides that amounts distributed in complete liquidation of a corporation...treated as in full payment in exchange for the stock. The legislative background of section 331 (a) (1) of the Code indicates that Congress intended to have...
Full view - About this book

Reports of the United States Tax Court, Volume 55

United States. Tax Court - 1970
...LOSS TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS, (a) GENEBAL RULE. — (1) Complete liquidations. — Amounts distributed In complete liquidation of a corporation...treated as in full payment in exchange for the stock. As a general rule, losses resulting from a complete liquidation will be recognized only after the corporation...
Full view - About this book

Reports of the United States Tax Court, Volume 54

United States. Tax Court - 1970
...LOSS TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS. (a) GEXEBAL, RULE. — (1) COMPLETE LIQUIDATIONS. — Amounts distributed In complete liquidation of a corporation...shall be treated as In full payment in exchange for tbe stock. (2) PARTIAL LIQUIDATIONS. — Amounts distributed in partial liquidation of a corporation...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF