 BASIS. (a) Dealers in personal property. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a person who regularly sells or otherwise disposes of personal property on the installment plan may return as income therefrom...  United States Code - Page 3317by United States - 1953Full view - About this book
 | United States. Board of Tax Appeals - Taxation - 1934 - 1512 pages
...respect of which the change was made. SEC. 212. (d) Under regulations prescribed by the Coimni.ssiuutr with the approval of the Secretary, a person who regularly...payments actually received in that year which the total profit realized or to be realized when payment is completed bears to the total contract price.... | |
 | United States, United States. Congress. House. Committee on Ways and Means - Finance - 1936 - 308 pages
...44. INSTALLMENT BASIS. (a) DEALEBS iisr PEESONAL PEOPEETY. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a...contract price. (b) SALES OF REALTY AND CASUAL SALES OF PEESONALTY. — In the case (1) of a casual sale or other casual disposition of personal property (other... | |
 | United States. Internal Revenue Service - Income tax - 1936 - 604 pages
...SEC. 44. INSTALLMENT BASIS. (a) Dealers in personal property. — Tnder regulations prescribed by the Commissioner with the approval of the Secretary, a...contract price. (b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other... | |
 | United States. Board of Tax Appeals - Taxation - 1936 - 1468 pages
...Secretary, a person who regularly sells or otherwise disposes of personal property on the installment basis may return as income therefrom In any taxable year...payment is completed, bears to the total contract price. I payments do not exceed 40 per centum of the selling price." Before we go further, therefore, this... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 780 pages
...SEC 44. INSTALLMENT BASIS. (a) DEALERS IN PERSONAL, PROPERTY. — Under regulations prescribed by the Commissioner with the approval of the Secretary, a...completed, bears to the total contract price. (b) SALES or REALTY AND CASUAL SALES OF PERSONALITY. — In the case (1) of a casual sale or other casual disposition... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 1104 pages
...BASIS SEC. 13. (a) DEALERS IN PERSONAL PROPERTY. — Under regulations prescribed by the Commissioners, a person who regularly sells or otherwise disposes...contract price. (b) SALES OF REALTY AND CASUAL SALES OF PERSONALTY. — In the case of (1) a casual sale or other casual disposition of personal prop- sonaity.... | |
 | United States. Court of Claims - Law reports, digests, etc - 1938 - 764 pages
...proportion of the 1 Sec. 44. (a) Dealers in Personal Property. Under regulations prescribed by the Commissioner with the approval of the Secretary, a...contract price. (b) Sales of Realty and Casual Sales of Personalty. In the case (1) of a casual sale or other casual disposition of personal property (other... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - Internal revenue - 1938 - 700 pages
...wlio regularly sells or otherwise disposes of personal property on the installment plan may return us income therefrom in any taxable year that proportion...contract price. (b) .SALES OF REALTY AND CASUAL SALES OF PERSONALTY. — In the case (1) of a casual sale or other casual disposition of personal property (other... | |
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