 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...'203 (see articles 1572-1577), the basis is the same as in the case of the property exchanged, (1) decreased in the amount of any money received by the taxpayer, and (2) increased in the amount of gain, or decreased in the amount of loss to the taxpayer that was recognized... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...LAWS Act of 1924. Act of 1921. Act of 1918. taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...203 (see articles 1572-1577), the basis is the same as in the case of the property exchanged, ( 1 ) decreased in the amount of any money received by the taxpayer, and (2) increased in the amount of gain, or decreased in the amount of loss to the taxpayer that was recognized... | |
 | Harrison B. Spaulding - Income tax - 1927 - 336 pages
...upon an exchange described in subdivision (6), (d), (e), or (/) of section 203, the basis shall be the same as in the case of the property exchanged, decreased...received by the taxpayer and increased in the amount of gam or decreased in the amount of loss to the taxpayer that was recognized upon such exchange under... | |
 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Taxation - 1927 - 414 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year in which such conversion was made;... | |
 | United States - Finance - 1928 - 268 pages
...such conversion was made) determining the taxable status of the gain or loss upon such conversion, and increased in the amount of gain or decreased in the amount of loss to the taxpayer recognized upon such conversion under the law applicable to the year •in which su_h conversion was... | |
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February 28, 1913. shall be the cost of such property; except that — "(6) Tax-free exchanges generally. — If the property was acquired upon an exchange described In section 112 (b) to (e), Inclusive, the basis shall be the same as In the case of the... 
