 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. Court of Claims, Audrey Bernhardt - 1959 - 1014 pages
...(a), one must look at section 115 (c), which provides for "Distributions in liquidation" and says : Amounts distributed in complete liquidation of a corporation...stock, and amounts distributed in partial liquidation * * * as in part or full payment in exchange for the stock. The payments of the $120 per share for... | |
 | United States. Congress. House. Committee on Ways and Means - 1959 - 1064 pages
...CORPORATE LIQUIDATIONS AND CERTAIN REDEMPTIONS. "(a) GENERAL RULE. — "(1) COMPLETE LIQUIDATIONS. — 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... | |
 | United States. Congress. House. Committee on Ways and Means - 1959 - 1064 pages
...SECTION 381 tinue the rules of existing law that amounts distributed in complete liquidation of the corporation shall be treated as in -full payment in...stock, and amounts distributed in partial liquidation shall be treated as in part or full payment in exchange for the stock. Thus the amount of gain or loss... | |
 | United States. Tax Court - 1960 - 1484 pages
...distributees under decedent's will, under section lG2(c). Section 115 (c) provides that "[ajmounts distributed in complete liquidation of a corporation...in part or full payment in exchange for the stock." Section 115 (i) provides that "the term 'amounts distributed in partial liquidation' means a distribution... | |
 | United States. Tax Court - 1961 - 1188 pages
...under section 115 (c).8 Respondent contends that the •SEC. 115. DISTRIBUTIONS BY CORPORATIONS. (O DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed...treated as In full payment In exchange for the stock, nnd amounts distributed In partial liquidation of a corporation shall be treated as In part or full... | |
 | United States. Tax Court - 1963 - 1104 pages
...DISTRIBUTION IN LIQUIDATION. — Amounts distributed In complete liquidation of a corporation (ball be treated as In full payment In exchange for the...distributed In partial liquidation of a corporation sball be treated as In part or full payment In exchange for tbe stock. The gain or loss to the distributee... | |
 | United States. Tax Court - 1963 - 1096 pages
...LOSS TO SHAREHOLDERS IN CORPORATE LIQUIDATIONS, (a) GENERAL ROLE. — (1) COMPLETE LIQUIDATIONS. — Amounts distributed In complete liquidation of a corporation...shall be treated as In full payment In exchange for tbe Btock. » SEC. 1001. DETERMINATION OF AMOUNT OF AND RECOGNITION OF GAIN OR LOSS, (a) COMPUTATION... | |
 | United States. Tax Court - 1966 - 958 pages
...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... | |
 | United States. Tax Court - 1947 - 1354 pages
...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... | |
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