 | United States. Court of Claims - 1932 - 800 lapas
...property held primarily for sale, and in the case of property held for investment not including stock. bonds, notes, choses in action, certificates of trust...evidences of indebtedness or interest) , is exchanged for property of a like kind or use." Under the provisions of the revenue act of 1921, no taxable gain... | |
 | United States. Court of Claims - 1937 - 786 lapas
...section. "(b) (1) No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock...held primarily for sale, nor stocks, bonds, notes, chosc-s in action, certificates of trust or beneficisl interest, or other securities or evidences of... | |
 | National Tax Association - 1922 - 622 lapas
...with the recommendations of the Treasury. The revised section provides in effect that exchanges of stocks, bonds, notes, choses in action, certificates...securities or evidences of indebtedness or interest shall constitute closed transactions, resulting immediately in taxable gain or deductible loss, except... | |
 | United States. Internal Revenue Service - 1924 - 396 lapas
...this section. (b) (1) No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock...is exchanged solely for property of a like kind to he held either for productive use in trade or business or for investment, or if common stock in a corporation... | |
 | United States - 1924 - 260 lapas
...property held primarily for sale, and in the case of property held for investment not including stock, bonds, notes, choses in action, certificates of trust...evidences of indebtedness or interest), is exchanged for property of a like kind or use.1 (2) When in the reorganization of one or more corporations a person... | |
 | Eric Louis Kohler - 1924 - 514 lapas
...for sale, and in the case of property held for investment not including stock, bonds, notes, chases in action, certificates of trust or beneficial interest,...evidences of indebtedness or interest), is exchanged for property of a like kind or use; (2) When in the reorganization of one or more corporations a person... | |
 | John F. Sherwood - 1925 - 206 lapas
...conditions: (b) (1) No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 lapas
...this section. (b) (1) No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 lapas
...SEC. 203. (b) (1) No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock...held either for productive use in trade or business or for investment, or if common stock in a corporation is exchanged solely for common stock in the... | |
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No gain or loss shall be recognized if property held for productive use in trade or business or for investment (not including stock in trade or other property held primarily for sale, nor stocks, bonds, notes, choses in action, certificates of trust or... 
