 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1954 - 1160 pages
...gains upon sales or exchanges of property used In the trade or business, plus tbe recognized gains from the compulsory or Involuntary conversion (as...exercise of the power of requisition or condemnation or the threat or Imminence thereof) of property used in the trade or business and capital assets held... | |
 | United States. Bureau of Internal Revenue - Taxation - 1950 - 200 pages
...a compulsory or involuntary conversion of property into other property or money as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation or the threat or imminence thereof. As used in such paragraph the term "other disposition" includes the... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | Harrison B. Spaulding - Income tax - 1927 - 336 pages
...proportion to his interest in the property prior to the exchange.1 (4) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | Eric Louis Kohler - Income tax - 1927 - 618 pages
...proportion to his interest in the property prior to the exchange. (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | United States - Finance - 1928 - 268 pages
...money, then no loss from the exchange shall be recognized. 203 (b) (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
 | United States. U.S. Congress. Senate. Committee on finance - 1928 - 274 pages
...think I have it here. The CHAIRMAN. Paragraph 5 is as follows: (5) If property (as a result of its destruction in whole or in part, theft or seizure,...exercise of the power of requisition or condemnation, or the threat or imminence thereof) is compulsorily or involuntarily converted into property similar or... | |
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... (2) General rule. — If, during the taxable year, the recognized gains upon sales or exchanges of property used in the trade or business, plus the recognized gains from the compulsory or involuntary conversion (as a result of destruction in whole... 
