Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates of trust or... "
The Code of Federal Regulations of the United States of America - Page 409
1968
Full view - About this book

Cases Decided in the Court of Claims of the United States, Volume 83

United States. Court of Claims - Law reports, digests, etc - 1937 - 786 pages
...primarily for sale, nor stocks, bonds, notes, chosc-s in action, certificates of trust or beneficisl interest, or other securities or evidences of indebtedness...held either for productive use in trade or business or for investment, or if common stock In a corporation is exchanged solely for common stock in the...
Full view - About this book

Regulations 65 Relating to the Income Tax Under the Revenue Act of 1924

United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...under section 202, shall be recognized, except' as hereinafter provided in this section. (b) (1) No gain or loss shall be recognized if property held...is exchanged solely for property of a like kind to he held either for productive use in trade or business or for investment, or if common stock in a corporation...
Full view - About this book

Questions and Answers on Federal Tax Laws: Based on Revenue Act of 1924 and ...

Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...under section 202, shall be recognized, except as hereinafter provided in this section. (b) (1) No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the...
Full view - About this book

Federal Income and Estate Tax Laws: Correlated and Annotated, Being a ...

Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...section 202, shall be recognized, except as hereinafter provided in this section. SEC. 203. (b) (1) No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the...
Full view - About this book

Income Tax Accounting

John F. Sherwood - Income tax - 1925 - 206 pages
...gain or loss is to be recognized when property is exchanged under the following conditions: (b) (1) No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the...
Full view - About this book

Cases on Federal Taxation, Volume 1

Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...under section 202, shall be recognized, except as hereinafter provided in this section. (b) (1) No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the...
Full view - About this book

The Principles of Real Estate Law: Real Property, Real Estate Documents and ...

Nathan William MacChesney - Real estate business - 1927 - 960 pages
...estate is based on Section 203 (b) (1) of the Revenue Act of 1926, which reads in part as follows: No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment. The Commissioner of Internal Revenue considers real estate to be the stock in trade...
Full view - About this book

Report of the Joint Committee on Internal Revenue Taxation, Volumes 1-3

United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...section. (b) Exchanges solely in kind. — (1) PROPERTY HELD FOR PRODUCTIVE USE OR INVESTMENT.— No gain or loss shall be recognized if property held...held either for productive use in trade or business or for investment. (2) STOCK FOR STOCK OF SAME CORPORATION. — No gain or loss shall be recognized...
Full view - About this book

The Income Tax in Great Britain and the United States

Harrison B. Spaulding - Income tax - 1927 - 336 pages
...property held for productive use in trade or business or for investment (not including stock-in-trade or other property held primarily for sale, nor stocks,...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the...
Full view - About this book

Federal Income Taxes, 1927

Eric Louis Kohler - Income tax - 1927 - 618 pages
...(1) of the 1926 act, and a similar section in the two previous acts, exempted from tax exchanges of property "held for productive use in trade or business...securities or evidences of indebtedness or interest)." An exchange of a long-term lease for real estate has been held to be an exempt exchange under this...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF