 | United States. Court of Claims, Audrey Bernhardt - 1958 - 910 lapas
...the basis provisions of section 113 (a) (2) and not section 113 (a) (5). Section 113 (a) (2) states: If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift, * * *. Defendant says that section 113 (a) (2) applies even where the value of the gift was included... | |
 | Philippines - 1981 - 138 lapas
...was acquired by inheritance. If the property was acquired by gift the basis shall be the same as it would be in the hands of the donor, or the last preceding...was not acquired by gift, except that if such basis is greater than the fair market value of the property at the time of the gift then for the purpose... | |
 | United States. Internal Revenue Service - 1924 - 396 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | John F. Sherwood - 1925 - 206 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 lapas
...1924. Act of 1921. Act of 1918. inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - 1927 - 414 lapas
...been included in the last inventory, the basis shall be the last inventory value thereof; (2) GIFT AFTER DECEMBER 31, 1920. — If the property was acquired...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Eric Louis Kohler - 1927 - 618 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
 | Harrison B. Spaulding - 1927 - 336 lapas
...have been included in the last inventory, the basis shall be the last inventory value thereof ; (2) If the property was acquired by gift after December...preceding owner by whom it was not acquired by gift. If the facts necessary to determine such basis are unknown to the donee, the Commissioner shall, if... | |
| |
Gifts after December 31, 1920. If the property was acquired by gift after December 31, 1920, the basis shall be the same as it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gift... 
