 | United States. Court of Claims - Law reports, digests, etc - 1947 - 806 pages
...recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately...his interest in the property prior to the exchange. The taxpayer says that his receipt of the stock was not a tax-free transaction because the stock of... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1955 - 928 pages
...recognized If property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately...If the amount of the stock and securities received 129 C. CK Opinion of the Court 112 (b) (5) of that Act; that having satisfied the requirements of section... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1959 - 1028 pages
...recognized If property Is transferred to a corporation by one or more persons solely In exchange for stock or securities in such corporation, and Immediately...In the case of an exchange by two or more persons I Ms paragraph shall apply only If the amount of the stock and securities received by each is substantially... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...personal, or mixed, is transferred to a corporation (1). by one person solely in exchange for stock or securities in such corporation, and immediately after the exchange such person is in control of the corporation, or (2) by two or more persons, solely in exchange for stock or securities... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately...his interest in the property prior to the exchange. into property similar or related in service or use to the property so converted, or into money which... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...personal, or mixed, is transferred to a corporation ( 1 ) by one person solely in exchange for stock or securities in such corporation, and immediately after the exchange such person is in control of the corporation, or (2) by two or more persons, solely in exchange for stock or securities... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately...his interest in the property prior to the exchange. (c) Gain from exchanges not solely in kind. — (1) If an exchange would be within the provisions of... | |
 | Wisconsin - Law - 1927 - 1062 pages
...recognized if property is transferred to a corporation by one or more persons solely in exchange for stock in such corporation, and immediately after the exchange...or persons are in control of the corporation; but incase of an exchange by two or more persons this paragraph shall apply only if the amount of the stock... | |
 | Harrison B. Spaulding - Income tax - 1927 - 336 pages
...recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately...the exchange such person or persons are in control (that is, have the ownership of at least 80 % of the voting 1 See Revenue Act of 1924, Section 208.... | |
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No gain or loss shall be recognized if property is transferred to a corporation by one or more persons solely in exchange for stock or securities in such corporation, and immediately after the exchange such person or persons are in control of the corporation... 
