 | United States. Tax Court - 1990 - 1014 pages
...determination of whether the house was a capital asset. Section 1221 defines the term "capital asset" as property held by the taxpayer (whether or not connected...with his trade or business) but does not include, inter alia, property, used in the taxpayer's trade or business, of a character which is subject to... | |
 | United States. Tax Court - 1972 - 988 pages
...SPC. 1221 provides In pertinent part : For purposes of this subtitle, the term "capital asset" moans property held by the taxpayer (whether or not connected...With his trade or business) , but does not Include — • • • • • • . • (2) property, used In his trade or business, of a character which... | |
 | United States. Tax Court - 1974 - 936 pages
...CAPITAL ASSET DEFINED. For purposes of this subtitle, the term "capital asset" means property hold by the taxpayer (whether or not connected with his trade or business), but does not Include — (1) stock in trade of the taxpayer or other property of a kind which would properly be Included... | |
 | 1973 - 882 pages
...Long-term capital losses (15 000) (6"C Short-term capital gains 10,000 (19 000) & Short-term capital losses (whether or not connected with his trade or business), but does not include — (1) Stock in trade of the taxpayer or other property of a kind which would properly be included... | |
 | 1973 - 868 pages
...000 Long-term capital losses. (15 000) Short-term capital gains Short-term capital losses (19* 000) (whether or not connected with his trade or business ) . but does not Include — ( 1 ) Stock In trade of the taxpayer or other property oí a kind which would properly be Included... | |
 | United States. Internal Revenue Service - 1975 - 92 pages
...trade or business. Section 1221 of the Internal Revenue Code of 1954 provides, in part, that the term "capital assets" means property held by the taxpayer,...connected with his trade or business, but does not include property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or... | |
 | 1970 - 772 pages
...defined. SEC. 1221. Capital asset defined. For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not...with his trade or business), but does not include — ( 1 ) Stock in trade of the taxpayer or other property of a kind which would properly be included... | |
 | 1966 - 468 pages
...defined. SEC. 1221. Capital asset defined,. For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not...with his trade or business ) , but does not include — ( 1 ) Stock in trade of the taxpayer or other property of a kind which would properly be included... | |
 | 1981 - 870 pages
...§ 1221. Capital asset defined. AND LOSSES For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not...with his trade or business), but does not include— • •*•••• (6) a publication of the United States Government (including the Congressional... | |
 | 1982 - 84 pages
...trade or business. Section 1221 of the Internal Revenue Code of 1954 provides, in part, that the term "capital assets" means property held by the taxpayer,...connected with his trade or business, but does not include property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or... | |
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Stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary... 
