The Code of Federal Regulations of the United States of America
U.S. Government Printing Office, 1969 - Administrative law
The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.
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accumulated acquiring corporation acquisition adjusted basis adoption amount applies assets assumed basis beginning carry carryovers close Code computed considered constructive controlled Corporation's date of distribution December 31 deduction Department described determined distribution or transfer distributor or transferor dividend earnings and profits effect election Example excess exchange extent facts fair market value Federal gain or loss graph hands holders holding immediately included increase Internal Revenue Code January June 30 Less liability limitation liquidation loss carryovers meaning method of accounting occurred operating loss outstanding stock ownership paid paragraph percent period person poration preceding prior provisions purchase pursuant qualified ration realized received recognized redemption referred regulations relating reorganization requirements respect rule section 306 securities Service share shareholder specified Statutory provisions subparagraph subsection taxable income taxable year ending term tion trade or business trans transaction transferor corporation treated tribution X Corporation
Page 107 - 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...
Page 111 - No gain or loss shall be recognized if stock or securities in a corporation a party to a reorganization are, in pursuance of the plan of reorganization, exchanged solely for stock or securities in such corporation or in another corporation a party to the reorganization.
Page 110 - In exchange consists not only of property permitted by such paragraph to be received without the recognition of gain, but also of other property or money, then the gain, If any, to the recipient shall be recognized, but In an amount not In excess of the sum of such money and the fair market value of such other property.
Page 245 - Budget IV Civil Service Commission (Equal Employment Opportunity;)] V International Organizations Employees Loyalty Board VI Department of Defense VII Advisory Commission on Intergovernmental Relations VIII National Capital Transportation Agency IX Appalachian Regional Commission X National Capital Housing Authority XI United States Soldiers' Home XII District of Columbia Redevelopment Land Agency XIII National Commission on Product Safety Title 6 — [Reserved!
Page 128 - ... (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 under the law applicable to the year in which the transfer was made.
Page 130 - ... the acquisition by one corporation, In exchange solely for all or a part of Its voting stock, of at least 80 per centum of the voting stock and at least 80 per centum of the total number of shares of all other classes of stock of another corporation...
Page 22 - For purposes of this section, control means the ownership of stock possessing at least 50 percent of the total combined voting power of all classes of stock entitled to vote, or at least 50 percent of the total value of shares of all classes of stock.
Page 114 - Subparagraph (B) in a transaction in which gain or loss was recognized in whole or in part...
Page 58 - ... possessing at least 80 percent of the total combined voting power of all classes of stock entitled to vote and the owner of at least 80 percent of the total number of shares of all other classes of stock (except nonvoting stock which is limited and preferred as to dividends...