 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;...  Reports of the Tax Court of the United States - Page 407by United States. Tax Court - 1949Full view - About this book
 | United States. Court of Claims - Law reports, digests, etc - 1947 - 806 pages
...corporation, and immediately after the exchange such person or persons are in control of the corporation ; but in the case of an exchange by two or more persons...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
...corporation, and immediately after the exchange such person or persons are in control of the corporation ; but in the case of an exchange by two or more persons...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
...corporation, and Immediately after the exchange such person or persons are In control of the corporation ; but 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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