Reports of the Tax Court of the United States, Հատոր 26U.S. Government Printing Office, 1957 |
Այլ խմբագրություններ - View all
Reports of the Tax Court of the United States, Հատոր 108 United States. Tax Court Ամբողջությամբ դիտվող - 1997 |
Reports of the Tax Court of the United States, Հատոր 7 United States. Tax Court Ամբողջությամբ դիտվող - 1947 |
Reports of the Tax Court of the United States, Հատոր 118 United States. Tax Court Ամբողջությամբ դիտվող - 2002 |
Common terms and phrases
additional adjusted agreed agreement amount assets average base period basis capital gain cash cent claimed collector of internal COMMISSIONER OF INTERNAL commissions Company computed constructive average base contract copra corporation cost Court Dairy Queen decedent decedent's December 31 deduction distribution dividend Docket earnings entitled estate tax excess profits tax expenses February 28 filed FINDINGS OF FACT fiscal year ended follows gross income held hereinafter husband included income tax income tax return interest Internal Revenue Code issue January June lease license loans long-term capital gain loss marital deduction ment October 31 operation ordinary income paid parties partnership patent payable payments period net income peti petitioner petitioner's pounds sterling prior purchase pursuant refund respondent determined respondent's royalties section 722 sell shares sold statute stipulated stockholders supra taxable taxpayer thereof tion tioner transaction transferred trust trust instrument United Velo-King wife
Սիրված հատվածներ
Էջ 598 - The net income shall be computed upon the basis of the taxpayer's annual accounting period (fiscal year or calendar year, as the case may be) in accordance with the method of accounting regularly employed in keeping the books of such taxpayer; but if no such method of accounting has been so employed, or if the method employed does not clearly reflect the income...
Էջ 977 - Gains and losses from involuntary conversion and from the sale or exchange of certain property used in the trade or business — (1) Definition of property used in the trade or business. For the purposes of this subsection, the term "property used In the trade or business...
Էջ 620 - All laws should receive a sensible construction. General terms should be so limited in their application as not to lead to injustice, oppression, or an absurd consequence. It will always, therefore, be presumed that the legislature intended exceptions to its language, which would avoid results of this character. The reason of the law in such cases should prevail over its letter.
Էջ 312 - ... a transfer by a corporation of all or a part of its assets to another corporation if immediately after the transfer the transferor or its stockholders or both are in control of the corporation to which the assets are transferred, or (C) a recapitalization, or (D) a mere change in identity, form, or place of organization, however effected. (2) The term "a party to a reorganization...
Էջ 291 - Amounts distributed in complete liquidation of a corporation shall be treated as in full payment in exchange for the. stock, and amounts distributed in partial liquidation of a corporation shall be treated as in part or full payment in exchange for the stock.
Էջ 56 - ... rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity.
Էջ 841 - capital assets" means property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business...
Էջ 313 - If an exchange would be within the provisions of paragraph (3) of sub-division (b) if it were not for the fact that the property received in exchange consists not only of stock or securities permitted by such paragraph to be received without the recognition of gain, but also of other property or money...
Էջ 746 - Where property is transferred for less than an adequate and full consideration in money or money's worth, then the amount by which the value of the property exceeded the value of the consideration shall be deemed a gift, and shall be included in computing the amount of gifts made during the calendar year.
Էջ 833 - ... periodic payments (whether or not made at regular intervals) received subsequent to such decree in discharge of, or attributable to property transferred (in trust or otherwise) in discharge of, a legal obligation which, because of the marital or family relationship, is imposed upon or incurred by such husband under such decree or under a written instrument incident to such divorce or separation...