 | United States. Board of Tax Appeals - Taxation - 1942 - 1324 pages
...the law applicable to the year in which the transfer was made. Section 112 (b) (5) provides that no gain or loss shall be recognized if property is transferred...corporation, and immediately after the exchange such persons are in control of the corporation and have received stock and securities substantially in proportion... | |
 | United States. Congress. Joint Committee on Internal Revenue Taxation - Income tax - 1946 - 428 pages
...pursuance of the plan of reorganization, exchanged solely for stock or securities in such corporation or in another corporation a party to the reorganization....corporation by one or more persons solely in exchange for jstock or securities in such corporation, and immediately after the exchange such person or persons... | |
 | United States. Tax Court - Law reports, digests, etc - 1947 - 1522 pages
...petitioner's transferor (the old company). Section 112 (b) (5), Internal Revenue Code, provides: (5) No gain or loss shall be recognized if property is transferred...immediately after the exchange such person or persons are in of the corporation • • *. [Emphasis supplied.] teerolned as of the beginning of such day and shall... | |
 | United States. Tax Court - Law reports, digests, etc - 1947 - 1414 pages
...Sisto Financial Corporation, 139 Fed. (2d) 253, 256. Section 112 (b) (5) provides, inter alia, that no gain or loss shall be recognized if property is transferred...corporation, and immediately after the exchange such persdn or persons are in control of the corporation. Under the assumed hypothesis, Kemitex Products... | |
 | United States. Tax Court - Law reports, digests, etc - 1948 - 1248 pages
...TRANSFER TO CORPORATION CONTROLLBD BY TRANSFEROR. — No gain or loss shall be recognized If property la transferred to a corporation by one or more persons...corporation ; but In the case of an exchange by two or more persona this paragraph shall apply only If the amount of the stock and securities received by each... | |
 | Administrative law - 1960 - 1764 pages
...by transferor. SEC. 351. Transfer to corporation controlled by transferor — (a) General rule. No gain or loss shall be recognized If property Is transferred...the exchange such person or persons are In control (as defined In section 368 (c) ) of the corporation. For purposes of this section, stock or securities... | |
 | United States. Tax Court - Law reports, digests, etc - 1949 - 1176 pages
...112. RECOGNITION OF GAIN OR LOSS. *•**••• (b) EXCHANGES SOLELY IN KIND. — • •*••*• (5) TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR....exchange for stock or securities in such corporation, nnd immediately after the exchange such person or persons are in control of the corporation ; * * •... | |
 | United States, Walter Elbert Barton - Income tax - 1950 - 1126 pages
...party to the reorganization. Sec. 112. (b) (5) Transfer to corporation controlled by transferor.—No gain or loss shall be recognized if property is transferred...the corporation but in the case of an exchange by Taxable Years Beginning before 1944 Sec. 112. (b) Exchanges solely n kind. Sec. 112. (b) (1) Property... | |
 | United States. Tax Court - Law reports, digests, etc - 1950 - 1678 pages
...RECOGNITION OF GAIN OR LOSS. • •••••• "(b) EXCHANGES SOLELY in KIND. — • •••••• "(5) TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR....such corporation, and Immediately after the exchange rath person or persons are In control of the corporation ; but In the case of an exchange by two or... | |
 | United States. Tax Court - Law reports, digests, etc - 1950 - 1166 pages
...»••••• "(0) TRANSFER TO CORPORATION CONTROLLED BY TRANSFEROR. — No gain or loss shall he recognized If property Is transferred to a corporation...Immediately after the exchange such person or persons nre In control of the corporation; but In the case of nn exchange by two or more persons this paragraph... | |
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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... 
