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" In the case of any obligation of the United States or any of Its possessions. or of a State or Territory, or any political subdivision thereof, or of the District of Columbia, issued on or after March 1, 1941, on a discount basis and payable without Interest... "
Statistics of Income from Returns of Net Income - Page 314
by United States. Internal Revenue Service - 1951
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Committee Prints

United States. Congress. House. Committee on Ways and Means - 1964 - 136 pages
...of business for services rendered or from sale of inventory; and (6) Government obligations issued on a discount basis and payable without interest at a fixed maturity date not exceeding 1 year. Depreciable personal property, real property, and certain other property used in the trade or business...
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Committee Prints

United States. Congress. Senate. Committee on Finance - 1963 - 290 pages
...course of business for services rendered or from sale of inventory; and 6. Government obligations issued on a discount basis and payable without interest at a fixed maturity date not exceeding 1 year. Although depreciable personal property used in a trade or business, real property used in a trade or...
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The Code of Federal Regulations of the United States of America

1969 - 370 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligatiori originally sold does...
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The Code of Federal Regulations of the United States of America

1971 - 372 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligacion originally sold does...
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Internal Revenue Bulletin

United States. Internal Revenue Service - 1958 - 1258 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligation originally sold does...
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The Code of Federal Regulations of the United States of America

1966 - 276 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligation originally sold does...
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The Code of Federal Regulations of the United States of America

1960 - 630 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligation originally sold does...
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The Code of Federal Regulations of the United States of America

1967 - 370 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued on a discount basis and payable without interest at a fixed maturity date not exceeding one year from the date of issue, the amount of discount at which such obligation originally sold does...
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The Code of Federal Regulations of the United States of America

1959 - 1338 pages
...a State, or Territory, or any political subdivision thereof, or of the District of Columbia, issued ck bonus plans. SEC. 401. Qualified pension, profit-sharing, and stock bonus plans — one year from the date of issue, the amount of discount at which such obligation originally sold does...
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Your Federal Income Tax for Individuals

United States. Internal Revenue Service - 1977 - 196 pages
...October 4, 1976; and 7) Short-term obligations of Federal, State, and municipal governments issued on a discount basis and payable without interest at a fixed maturity date not more than one year from the date of issue. What Is a Sale or Exchange? A sale is generally a transfer...
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