 | United States, United States. Congress. House. Committee on Ways and Means - 1938 - 348 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account in computing net income : 1 .1 Vl I j kf i 'i * ji*i*f li* j « i T ^rL^jiji * >_*r\.j j"O_| -hi £"r]/ * J" JL LAJUh^ \-\j\j... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - 1938 - 700 pages
...centum if the capital asset has been held for more than 5 years but not for more than 10 years; 30 per centum if the capital asset has been held for more than 10 years. (b) DEFINITION OF CAPITAL ASSETS. — For the purposes of this chapter, "capital assets"... | |
 | 1941 - 1688 pages
...the amount of the gain or loss, computed under section 111 and recognized under section 112, upon the sale or exchange of a capital asset shall be taken into account only to the extent provided in section 117 (b). The percentage of the gain or loss to be taken into... | |
 | 1939 - 1030 pages
...the gain or loss, computed under section 111 of the Act and recognized under section 112, upon the sale or exchange of a capital asset shall be taken into account only to the extent provided in section 117 (a). The percentage of the gain or loss to be taken into... | |
 | 1940 - 1806 pages
...the amount of the gain or loss, computed under section 111 and recognized under section 112, upon the sale or exchange of a capital asset shall be taken into account only to the extent provided in section 117 (b). The percentage of the gain or loss to be taken into... | |
 | United States. Internal Revenue Service - 1935 - 490 pages
...per centum if the capital asset has been held for more than 1 year but not for more than 2 years; 40 per centum if the capital asset has been held for more than 5 years but not for more than 10 years; 30 per centum if the capital asset has been held for more than... | |
 | United States. Supreme Court - 1945 - 446 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken Into account in computing net Income : "40 per centum If the capital asset has been held for more than 5 years but not for more than 10... | |
 | United States. Tax Court - 1943 - 1262 pages
...taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account in computing net Income : »•••«•• 50 per centum if the capital asset has been held for more than 24 months. "There... | |
 | United States. Court of Claims - 1943 - 810 pages
...per centum if the capital asset has been held for more than 1 year but not for more than 2 years; 60 per centum if the capital asset has been held for more than 2 years but not for more than 5 years ; 40 percentum if the capital asset has been held for more than... | |
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In the case of a taxpayer, other than a corporation, only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account... 
