 | Nathan William MacChesney - Real estate business - 1927 - 960 pages
...grantor, increased in the amount of gain or decreased in the amount of loss recognized to the grantor upon such transfer under the law applicable to the year in which the transfer was made. . . .; (5) If the property was acquired by bequest, devise, or inheritance, the basis shall be the... | |
 | United States - Law - 1928 - 1164 pages
...of such property to the corporation was property or money in addition to such stock or securities), then the basis shall be the same as it would be in...transferor upon such transfer under the law applicable to'4 the year in which the transfer was made ; (9) If the property consists of stock or securities... | |
 | United States - Finance - 1928 - 268 pages
...such property to the corporation was property or. money, in addition to such stock or securities), then the basis shall be •the same as it would be...the hands of the transferor, increased in the amount I of gain or decreased in the amount of j loss recognized to the transferor upon ', -such transfer... | |
 | Robert Hiester Montgomery - Excess profits tax - 1927 - 592 pages
...of such property to the corporation was property or money in addition to such stock or securities), then the basis shall be the same as it would be in...applicable to the year in which the transfer was made; (9) If the property consists of stock or securities distributed after December 31, 1923, to a taxpayer... | |
 | Robert Hiester Montgomery - Excess profits tax - 1925 - 1928 pages
...grantor, increased in the amount of gain or decreased in the amount of loss recognized to the grantor upon such transfer under the law applicable to the year in which the transfer was made. This article is not applicable, however, to property acquired by bequest, devise, or inheritance, as defined... | |
 | United States. Board of Tax Appeals - Taxation - 1930 - 1460 pages
...of such property to the corporation was property or money in addition to such stock or securities), then the basis shall be the same as it would be In...applicable to the year in which the transfer was made. Paragraph 4 of subdivision (b) of section 203, referred to in the section of the Act aforesaid, provides:... | |
 | United States. Board of Tax Appeals - Taxation - 1930 - 1608 pages
...of raeb property to the corporation was property or money in addition to such Sock or securities), then the basis shall be the same as it would be in...such transfer under the law applicable to the year iu which the transfer was made ; ******* « (c) The basis upon which depletion, exhaustion, wear and... | |
 | United States. Board of Tax Appeals - Taxation - 1930 - 1554 pages
...be the cost of such property ; except that— ******* ihen the basis shall be the same as it would be In the hands of the transferor, increased in the...applicable to the year In which the transfer was made ; * * * Section 203 (b) (4) provides : No gain or loss shall be recognized If property Is transferred... | |
 | United States. Internal Revenue Service - Income tax - 1931 - 502 pages
...conditions specified in section 112 (b) (5), the basis of such property shall be the same as it would be in the hands of the transferor, increased in the...the amount of loss recognized to the transferor upon the transfer under the law applicable to the year in which the transfer was made. This article also... | |
 | United States. Board of Tax Appeals - Taxation - 1933 - 1618 pages
...lease for stock of the petitioner, and that this basis should be " increased in the amount of gain or decreased in the amount of loss recognized to the...applicable to the year in which the transfer was made." The transfer of these assets to the petitioner took place in 1923, at which time the Revenue Act of... | |
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... (B) as paid-in surplus or as a contribution to capital, then the basis shall be the same as it would be in the hands of the transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer... 
