 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1949 - 832 pages
...his trade or business. (2) GENERAL RULE. — If, during the taxable year, the recognized gains upon sales or exchanges of property used in the trade or business, plus the recognized gains Opinion of the Court from the compulsory or involuntary conversion * * * of property used in the trade... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1954 - 1160 pages
...or business. * * • <t> OENEBAL, uiir.K. — If, during the taxable year, the recognized gains upon sales or exchanges of property used In the trade or business, plus tbe recognized gains from the compulsory or Involuntary conversion (as a result of destruction in whole... | |
 | Wisconsin - Session laws - 1943 - 1142 pages
...and finished goods), as a result of its destruction in whole or in part by fire or other casualty, theft or seizure, or an exercise of the power of requisition...or condemnation or the threat or imminence thereof, is involuntarily converted into money which is within one year in good faith, under regulations prescribed... | |
 | National City Company - Income tax - 1921 - 104 pages
...equivalent as a result of — (a) Its destruction in whole or in part, (b) Theft or seizure, or (c) An exercise of the power of requisition or condemnation, or the threat or imminence thereof; and if the taxpayer proceeds forthwith in good faith, under regulations prescribed by the Commissioner... | |
 | United States - Law - 1921 - 642 pages
...equivalent as a result of (A) its destruction in whole or in propertypart, (B) theft or seizure, or (C) an exercise of the power of requisition or condemnation, or the threat or imminence thereof; and if Con '""' INCOME TAX. property of a character similar or related in service or use to the property... | |
 | United States. Bureau of Internal Revenue - Taxation - 1950 - 200 pages
...a compulsory or involuntary conversion of property into other property or money as a result of its destruction in whole or in part, theft or seizure,...or condemnation or the threat or imminence thereof. As used in such paragraph the term "other disposition" includes the destruction of property by fire,... | |
 | Emerson Emanuel Rossmoore - Income tax - 1922 - 592 pages
...its equivalent as a result of (A) its destruction in whole or in part, (B) theft or seizure, or (C) an exercise of the power of requisition or condemnation, or the threat or imminence thereof; and if the taxpayer proceeds forthwith in good faith, under regulations prescribed by the Commissioner... | |
 | United States - Law - 1922 - 756 pages
...its equivalent as a result of (A) its destruction in whole or in part, (B) theft or seizure, or (C) an exercise of the power of requisition or condemnation, or the threat or imminence thereof; and if the taxpayer proceeds forthwith in good faith, under regulations prescribed by the Commissioner... | |
 | Irving Bank. Columbia Trust Company - Income tax - 1923 - 148 pages
...its equivalent as a result of (A) its destruction in whole or in part, (B) theft or seizure, or (C) an exercise of the power of requisition or condemnation, or the threat or imminence thereof; and if the taxpayer proceeds forthwith in good faith, under regulations prescribed by the Commissioner... | |
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If property (as a result of its destruction in whole or in part, theft or seizure, or an exercise of the power of requisition or condemnation, or the threat or imminence thereof... 
