 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...  United States Statutes at Large - Page 37by United States - 1939Full view - About this book
 | United States. Court of Claims - Claims - 1937 - 710 pages
...recognized, except as hereinafter provided in this section. (b) Exchanges solely in kind. — ***** (3) STOCK FOR STOCK ON REORGANIZATION. — No gain...corporation or in another corporation a party to the reorganization. ***** (c) Gain from, exchanges not solely in kind. — (1) If an exchange would be... | |
 | United States. Court of Claims, Audrey Bernhardt - Law reports, digests, etc - 1955 - 928 pages
...was absolutely worthless at the time of the alleged reorganization. Section 112 (b) (3) provides : No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. [Emphasis supplied.] It is our opinion that the term "exchange" in this context, connotes... | |
 | United States. Court of Claims - Law reports, digests, etc - 1944 - 960 pages
...203. Subdivision (b) (2) of section 203, on which plaintiffs rely, deals with a case where "stock or securities in a corporation a party to a reorganization...corporation or in another corporation a party to the reorganization." Under these sections plaintiffs can add to the period plaintiff SH Berch had held... | |
 | United States. Internal Revenue Service - Income tax - 1924 - 396 pages
...preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities iu a corporation a party to a reorganization are, in...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | John F. Sherwood - Income tax - 1925 - 206 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | Walter Elbert Barton, United States, Carroll Wright Browning - Income tax - 1925 - 580 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | Irving Bank-Columbia Trust Company - Income tax - 1925 - 152 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | Joseph Henry Beale, Roswell Foster Magill - Taxation - 1926 - 744 pages
...preferred stock in a corporation is exchanged solely for preferred stock in the same corporation. .f (2) No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. (3) No gain or loss shall be recognized if a corporation a party to a reorganization... | |
 | Electronic journals - 1926 - 552 pages
...the subsequent Revenue Acts. Section 203 (b) (2) of the Revenue Act of 1924" provides as follows: "No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization." The Revenue Acts of 19189 and 192110 contain similar provisions except that under... | |
 | Wisconsin - Session laws - 1927 - 1052 pages
...income of any kind derived from any source whatever except such as hereinafter exempted. (i) 1. No gain or loss shall be recognized if stock or securities...corporation or in another corporation a party to the reorganization. 2. No gain or loss shall be recognized if a corporation a party to a reorganization... | |
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