 | United States. Court of Claims - 1944 - 960 lapas
...(43 Stat. 253, 255), which provides for the taxation of the gain derived on liquidation. It reads : (c) Amounts distributed in complete liquidation of...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 - 1946 - 936 lapas
...earnings and profits at the time the distribution was made. ***** (c) DISTRIBUTIONS IN LIQUIDATION. — Amounts distributed in complete liquidation of a corporation...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 - 1937 - 710 lapas
...is now in such cases as the one we have before us. Section 201 (c) of the 1924 act provided that — (c) Amounts distributed in complete liquidation of...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. Court of Claims - 1938 - 834 lapas
...reference to distributions by corporations in subdivision (c) — (c) Distributions in liquidation. — Amounts distributed in complete liquidation of a corporation...in part or full payment in exchange for the stock. We think the two sections should be considered together, and when so construed we find that the statute... | |
 | United States. Congress. Senate. Committee on Finance - 1924 - 468 lapas
...involving new taxes of great magnitude, in the guise of administrative, provisions, as follows: "SEC. 201. (c) Amounts distributed- in complete liquidation of...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... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 lapas
...distribution shall be applied against and reduce the basis of the stock provided in section 204.20 SEC. 201. (c) Amounts distributed in complete liquidation of...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... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 lapas
...against and reduce the basis of the stock provided in section 113. (c) Distributions in liquidation. — Amounts distributed in complete liquidation of a corporation...from such exchange shall be determined under section 111, but shall be recognized only to the extent provided in section 112. In the case of amounts distributed... | |
 | United States - 1928 - 1164 lapas
...tax-free distribution shall be applied against and reduce the basis of the stock provided in section 935. (c) Amounts distributed in complete liquidation of...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... | |
 | Clem Wetzell Collins - 1928 - 976 lapas
...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 lapas
...payments in exchange for stock." T4 LAW. Section 201 (c) Amounts distributed in complete liquidation71 of a corporation shall be treated as in full payment...recognized only to the extent provided in section 203." .... " For full discussion see page 641 et seq. '' [Former Procedure] Under the 1921 law (Reg. 62,... | |
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Distributions in liquidation. — 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... 
