Federal Tax Handbook

accrued acquired actually additional adjusted allowed amount Appeal applied assets bank basis beneficiary benefit Board bonds capital cash cent Chapter charged claim Com'r compensation computing considered consolidated contract corporation cost court debt decision deduction depreciation determining difference distribution dividends earnings effect employees entitled exchange exempt expenses fact fair filed foreign gain or loss gift gross income held holding included income tax individual interest inventory issued lease less liability March market value meaning method obligations operation organized paid partnership payment period permitted prior profits purchase question realized reasonable received recognized reference REGULATION reorganization reported respect result rule securities selling shares sold sources stockholders taken taxable taxable income taxpayer term tion transaction transfer Treasury treated trust United