...uncollected interest thereon, were losses to the bank and were therefore deductible. Section 234 (a) provides that in the case of a corporation there shall be allowed as deductions (4) losses sustained during the taxable year and- not compensated for by insurance or otherwise;...

...of section 725 or section 727, Dividends received credit.— The credit allowed by aeotion 26 (b) Is an amount equal to 85 percent of the amount received as dividends from a domestic corporation which is subject to taxation under chapter I, but not in excess of 85 percent...

...this Act [Sept. 2, 1958]." §244. Dividends received on certain preferred stock. (a) General rule. In the case of a corporation, there shall be allowed as a deduction an amount computed as follows: (1) First determine the amount received as dividends on the preferred stock of...

...of section 725 or section 727. Dividends received credit.—The credit allowed by section 26 (b) is an amount equal to 85 percent of the amount received as dividends from a domestic corporation which is subject to taxation under chapter 1, but not in excess of 85 percent...

...OF CAPITAL LOSSES б 1.1211—1 Limitation on capital losses. (a) Corporations — (1) General rule. In the case of a corporation, there shall be allowed as a deduction an amount equal to the sum of: (i) Losses sustained during the taxable year from sales or exchanges of capital assets,...

...dividends received on certain preferred stock. SEC. 244. Dividends received on certain preferred stock. In the case of a corporation, there shall be allowed as a deduction an amount computed as follows: (1) First determine the amount received as dividends on the preferred stock of...

...dividends received on certain preferred stock. SEC. 244. Dividends received on certain preferred stock. In the case of a corporation, there shall be allowed as a deduction an amount computed as follows: (1) First determine the amount received as dividends on the preferred stock of...

...certain preferred stock. SEC. 244. Dividends received on certain preferred stock — (a) General rule. ln the case of a corporation, there shall be allowed as a deduction an amount computed a* follows: (1) First determine the amount received as dividends on the preferred stock of...

...dividend* received on certain preferred stock. Stc. 244. Dividends received on certain fre/erred stock. In the case of a corporation, there shall be allowed as a deduction an •mount computed as follows: (1) First determine the amount received is dividends on the preferred...

...581. (b) Taxpayers other than corporations — (1) General rule. In the- case of a taxpayer other than a corporation, there shall be allowed as a deduction an amount equal to the sum of: (1) Losses sustained during the taxable year from sales or exchanges of capital assets,...