 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 in exchange for the...  Reports of the Tax Court of the United States - Page 259by United States. Tax Court - 1955Full view - About this book
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 pages
...reduce the basis of the stock provided in section 113. (c) Distributions in liquidation. — Amounts distributed in complete liquidation of a corporation...recognized only to the extent provided in section 112. In the case of amounts distributed in partial liquidation (other than a distribution within the provisions... | |
 | Eric Louis Kohler - 1927 - 618 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202, but shall be recognized only to the extent provided in section 203. In the case of amounts distributed... | |
 | Harrison B. Spaulding - 1927 - 336 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202, but shall be recognized only to the extent provided in section 203. In the case of amounts distributed... | |
 | Wisconsin - 1927 - 1052 pages
...distributed in liquidation of a corporation shall be treated as payment in exchange for the stock, and the gain or loss to the distributee resulting from such exchange shall be determined under the provisions of this paragraph and section 71.02 (2) (d). No amounts received in liquidation shall... | |
 | Wisconsin - 1927 - 1062 pages
...distributed in liquidation of a corporation shall be treated as payment -in exchange for the stock, and the gain or loss to the distributee resulting from, such exchange shall be determined under the provisions of thi-s paragraph and section 71.02 (2) (d). No amounts received in liquidation shall... | |
 | United States - 1928 - 1164 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 935. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 933, but shall be recognized only to the extent provided in section 934. In the case of amounts distributed... | |
 | United States - 1928 - 268 pages
...distribution shall be applied against and reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202, but shall be recognized only to the extent provided in section 203. In the case of amounts distributed... | |
 | Clem Wetzell Collins - 1928 - 976 pages
...of $10,000 to A which is subject to both normal and surtax. The Act of 1924 provides that : tributed in partial liquidation of a corporation shall be treated...or full payment in exchange for the stock. The gain on a liquidating dividend is now subject to normal and surtax. Under the 1921 Act that part of the... | |
 | Robert Hiester Montgomery - 1925 - 1928 pages
...treated in Chapter XXXI. Liquidating dividends not considered dividends. — LAW. Section 201 (c) Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 202," but shall be recognized only to the extent provided in section 203." In the case of amounts distributed... | |
 | Robert Hiester Montgomery - 1927 - 1510 pages
...1082 (A)], which held that section 31 (b) of the 1917 law applied to distributions in liquidation. exchange for the stock, and amounts distributed in...from such exchange shall be determined under section 202," but shall be recognized only to the extent provided in section 2O3.M The distinction between... | |
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