 ... shall be the same as it would be in the hands of the transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer was made.  Reports of the Tax Court of the United States - Page 673by United States. Tax Court - 1950Full view - About this book
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1958 - 966 pages
...by a corporation in connection with a reorganization, then the basis shall be the same as it would be in the hands of the transferor, increased in the...applicable to the year in which the transfer was made. This paragraph shall not apply if the property acquired consists of stock or securities in a corporation... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...conditions specified in section 203 (b) (4), the basis of such property shall be the same as it would be in the hands of the transferor, increased in the...the amount of loss recognized to the transferor upon the transfer under the law applicable to the year in which the transfer was made. This article also... | |
 | United States. Congress. Senate. Committee on Finance - Finance - 1924 - 468 pages
...shall, notwithstanding the provisions of paragraph (5) of this subdivision, be the same as it would be in the hands of the transferor, increased in the...in the amount of loss recognized to the transferor :ipon such transfer wider the law applicable to the year in which the transfer was made." The amendment... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...property or money in addition to such stock or securities), then the basis shall be the same as it would be in the hands of the transferor, increased in the...applicable to the year in which the transfer was made; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...property or money in addition to such stock or securities), then the basis shall be the same as it would be in the hands of the transferor, increased in the...applicable to the year in which the transfer was made ; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in the hands of the transferor, increased in the...the amount of loss recognized to the transferor upon s uch transfer under the law applicable to the year in which the transfer was made; (8) If the property... | |
 | United States. Congress. House. Committee on Ways and Means - Taxation - 1925 - 1154 pages
...the same as it would be in the hands of the transferor. j ~ (8 til Increased in the amount of gain or decreased In the amount of loss recognized to the transferor upon sucb transfer under the law applicable to the year in which the transfer was made." Both these sections... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...conditions specified in section 203 (b) (4), the basis of such property shall be the same as it would be in the hands of the transferor, increased in the...the amount of loss recognized to the transferor upon the transfer under the law applicable to the year in which the transfer was made. This article also... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...property or money in addition to such stock or securities) , then the basis shall be the same as it would be in the hands of the transferor, increased in the...applicable to the year in which the transfer was made; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
 | Harrison B. Spaulding - Income tax - 1927 - 336 pages
...centum or more remained in the same persons or any of them, then the basis shall be the same as it would be in the hands of the transferor, increased in the...applicable to the year in which the transfer was made ; (8) If the property (other than stock or securities in a corporation a party to a reorganization)... | |
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