Montgomery's Federal Taxes on Corporations, Volume 1

accrued acquired adjusted adjusted basis aff'd aff'g allowed amortization amount applied B. T. A. Memo bad debt bank become worthless beginning after December bonds capital assets capital gain capital loss carry-back carry-over cash cert Chapter Circuit claim Code section Com'r Commissioner compensation computed Corp corporation cost December 31 decision determined disallowed distribution dividend earnings and profits earnings or profits election employees excess profits tax exempt expenses fair market value gain or loss gross income Helvering indebtedness interest issued liability liquidation mortgage net income obligations paid paragraph payment preferred stock premium prior provisions purchase purposes received recovery refund regulations reorganization rev'g Revenue Act rule sale or exchange section 23 shareholders shares stock or securities stockholders subsection subsidiary supra T. C. Memo Tax Court taxable income taxable years beginning taxpayer tion transaction transfer Treasury trust U. S. Supreme Court wash sale