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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... "
The Code of Federal Regulations of the United States of America Having ... - Page 1758
1939
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Cases Decided in the United States Court of Claims ... with ..., Volume 141

United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1959
...shall be recognized, except as hereinafter provided In this section. "(b) Exchanges solely In kind — "(5) Transfer to corporation controlled by transferor....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...
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Cases Decided in the United States Court of Claims ... with ..., Volume 129

United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1955
...non-recognition of gain or loss under section 112 (b) (5) of the Revenue Act of 1928. This section provides : No gain or loss shall be recognized if property is transferred...exchange for stock or securities in such corporation, * * * [Emphasis supplied.] In order for plaintiffs to come within this section they must show that...
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Income Tax Procedure ...

Robert Hiester Montgomery - Excess profits tax - 1925
...Exchange of property for securities of a controlled corporation. — LAW. Section 203 (b) .... (4) No gain or loss shall be recognized if property is transferred...person or persons are in control of the corporation; *5 but in the case of an exchange by two or more persons this paragraph shall apply only if the amount...
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Reports of the U.S. Board of Tax Appeals, Volume 17

United States. Board of Tax Appeals - Taxation - 1930
...type of transaction referred to in section 203 (b) (4) of the Revenue Act of 1924 is that in which property is transferred to a corporation by one or...person or persons are in control of the corporation. Section 202 (c) of the Revenue Act of 1921 provides: For the purposes of this title, on an exchange...
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Reports of the U.S. Board of Tax Appeals, Volume 29

United States. Board of Tax Appeals - Taxation - 1934
...BTA 1273 ; Katherine A. Spalding, 7 BTA 588 ; BF Saul, 4 BTA 639 : EH Nielsen Co., 26 BTA 223. 1 No gain or loss shall be recognized If property Is transferred...exchange for stock or securities In such corporation, and Imnn^diately after the exchange such person or persons are in control of the corporation ; bat in the...
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Reports of the U.S. Board of Tax Appeals, Volume 31

United States. Board of Tax Appeals - Taxation - 1935
...section 202, shall be recognized, except as hereinafter provided in this section. ******* (b)(4) No gain or loss shall be recognized if property is transferred...corporation ; but in the case of an exchange by .two nr more persons this paragraph shall apply only if the amount of the stock and securities received...
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Reports of the U.S. Board of Tax Appeals, Volume 35

United States. Board of Tax Appeals - Taxation - 1937
...existed in the earlier law.8 1 RECOGNITION OF GAIN OR LOSS FROM SALES AND EXCHANGES. SBC. 203. (b) (4) No gain or loss shall be recognized if property Is transferred...Immediately after the exchange such person or persons nre in control of the corporation ; but in the case of an exchange by two or more persons this paragraph...
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Reports of the U.S. Board of Tax Appeals, Volume 38

United States. Board of Tax Appeals - Taxation - 1939
...TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR. — No gain or loss shall be recognized If property la transferred to a corporation by one or more persons...Immediately after the exchange such person or persons arc In control of the corporation ; but In the case of an exchange hy two or more persons this paragraph...
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United States Code: Containing the General and Permanent Laws of the United ...

United States - Law - 1965
...controlled by transferor. 351. Transfer to corporation controlled by transferor. (a) General rule. No gain or loss shall be recognized if property is transferred...the exchange such person or persons are in control (as defined in section 368 (c) ) of the corporation. For purposes of tMs section, stock or securities...
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Reports of the U.S. Board of Tax Appeals, Volume 45

United States. Board of Tax Appeals - Taxation - 1942
...the law applicable to the year in which the transfer was made. Section 112 (b) (5) provides that no gain or loss shall be recognized if property is transferred...corporation, and immediately after the exchange such persons are in control of the corporation and have received stock and securities substantially in proportion...
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