 | United States. Court of Claims - 1948 - 974 lapas
...Other distributions from capital. — If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | United States. Court of Claims, Audrey Bernhardt - 1957 - 1028 lapas
...earnings and profits accumulated after February 28, 1913, have been distributed, but any such tax-free distribution shall be applied against and reduce the...adjusted basis of the stock provided in section 113. * * * [Emphasis added.] It is apparent from a reading of these sections that the only problem is to... | |
 | United States. Internal Revenue Service - 1924 - 396 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | United States. Congress. Senate. Committee on Finance - 1924 - 468 lapas
...subdivision (d), will read as follows: "(d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - 1925 - 580 lapas
...distributions by the corporation. SEC. 201. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | Irving Bank-Columbia Trust Company - 1925 - 152 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | John F. Sherwood - 1925 - 206 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | Joseph Henry Beale, Roswell Foster Magill - 1926 - 744 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | Eric Louis Kohler - 1927 - 618 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
 | Harrison B. Spaulding - 1927 - 336 lapas
...distributions by the corporation. (d) If any distribution (not in partial or complete liquidation) made by a corporation to its shareholders is not out...property accrued before March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce... | |
| |
March 1, 1913, and is not out of earnings or profits, then the amount of such distribution shall be applied against and reduce the adjusted basis of the stock provided in section 113, and if in excess of such basis, such excess shall be taxable in the... 
