 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...  Income Tax Procedure ... - Page 831by Robert Hiester Montgomery - 1925Full view - About this book
 | United States. Court of Claims - Law reports, digests, etc - 1944 - 960 pages
...taxation of the gain derived on liquidation. It reads : (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...recognized only to the extent provided in section 203. * * * Since the transaction was not within the exceptions stated in section 203, the period of holding... | |
 | United States. Court of Claims - Law reports, digests, etc - 1946 - 936 pages
...distribution was made. ***** (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...from such exchange shall be determined under section 111, but shall be recognized only to the extent provided in section 112. Despite the provisions of... | |
 | United States. Court of Claims - Claims - 1937 - 710 pages
...us. Section 201 (c) of the 1924 act provided that — (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...in part or full payment in exchange for the stock. * * * In the case of amounts distributed in partial liquidation * * * the part of such distribution... | |
 | United States. Congress. Senate. Committee on Finance - Finance - 1924 - 468 pages
...administrative, provisions, as follows: "SEC. 201. (c) Amounts distributed- in complete liquidation of a corporation shall be treated as in full payment...and amounts distributed in partial liquidation of u corporation shall be treated an in part or full payment in exchange for the stock. "The gain or loss... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...Distributions in liquidation. — Amounts distributed in complete liquidation, of a corporation are to be treated as in full payment in exchange for the...stock, and amounts distributed in partial liquidation are to be treated as in part or full payment in exchange: for the stock so canceled or redeemed. The... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...recognized only to the extent provided in section 203. In the case of amounts distributed in partial liquidation (other than a distribution within the provisions... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...recognized only to the extent provided in section 203. In the case of amounts distributed in partial liquidation (other than a distribution within the provisions... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...basis of the stock provided in section 204.20 SEC. 201. (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...from such exchange shall be determined under section 202,20 but shall be recognized only to the extent provided in section 203.20 In the case of amounts... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...Distributions in liquidation. — Amounts distributed in complete liquidation of a corporation are to be treated as in full payment in exchange for the...stock, and amounts distributed in partial liquidation are to be treated as in part or full payment in exchange for the stock so canceled or redeemed. The... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...reduce the basis of the stock provided in section 204. (c) Amounts distributed in complete liquidation of a corporation shall be treated as in full payment...recognized only to the extent provided in section 203. In the case of amounts distributed in partial liquidation (other than a distribution within the provisions... | |
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