 | United States. Congress. Senate. Committee on Finance - 1939 - 1104 lapas
...without the recognition of gain it it were the sole consideration, and as part of the consideration another party to the exchange assumed a liability...subject to a liability, such assumption or acquisition shall not be considered as "other property or money" received by the taxpayer within the meaning of... | |
 | 1941 - 1688 lapas
...(relating to basis of property) Is amended by inserting before the last sentence thereof the following: "Where as part of the consideration to the taxpayer...acquisition (In the amount of the liability) shall, for the purposes of this paragraph, be considered as money received by the taxpayer upon the exchange."... | |
 | 1940 - 1806 lapas
...without the recognition of gain If It were the sole consideration, and as part of the consideration Secretary, there may shall not be considered as "other property or money" received by the taxpayer within the meaning of... | |
 | United States - 1964 - 1098 lapas
...the allocation there shall be assigned to such other property an amount equivalent to its fair market value at the date of the exchange. For purposes of...as money received by the taxpayer on the exchange. (As amended Sept. 22, 1959, Pub. L. 86-346, title П. § 201 (c)— (e), 73 Stat. 624.) AMENDMENTS... | |
 | United States - 1953 - 1744 lapas
...Revenue Acts of 1926 and 1924 are amended by Inserting before the last sentence thereof the following: 'Where as part of the consideration to the taxpayer...from the taxpayer property subject to a liability, euch assumption or acquisition (in the amount of the liability) shall, for the purposes of this paragraph,... | |
 | United States. Internal Revenue Service - 1941 - 664 lapas
...without the recognition of gain if it were the sole consideration, and as part of the consideration another party to the exchange assumed a liability...subject to a liability, such assumption or acquisition shall not be considered as "other property or money" received by the taxpayer within the meaning of... | |
 | United States, Walter Elbert Barton - 1944 - 1286 lapas
...assigned to such other property an amount equivalent to its fair market value at the date of the exchange. to corporation controlled by transferor. — No gain...corporation, and immediately after the exchange suc for the purposes of tliis paragraph, be considered as money received by the taxpayer upon the exchange.... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1944 - 336 lapas
...assigned to such other property an amount equivalent to its fair market value at the date of the exchange. Where as part of the consideration to the taxpayer...acquisition (in the amount of the liability) shall, for the purposes of this paragraph, be considered as money received by the taxpayer upon the exchange.... | |
 | United States. Congress. Internal Revenue Taxation Joint Committee - 1945 - 350 lapas
...assigned to such other property an amount equivalent to its fair market value at the date of the exchange. Where as part of the consideration to the taxpayer...acquisition (in the amount of the liability) shall, for the purposes of this paragraph, be considered as money received by the taxpayer upon the exchange.... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1946 - 428 lapas
...assigned to such other property an amount equivalent to its fair market value at the date of the exchange. Where as part of the consideration to the taxpayer...acquisition (in the amount of the liability) shall, for the purposes of this paragraph, be considered as money received by the taxpayer upon the exchange.... | |
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For purposes of this section, section 1035(a), and section 1036 (a), where as part of the consideration to the taxpayer another party to the exchange assumed a liability of the taxpayer or acquired from the taxpayer property subject to a liability, such... 
