 | United States. Tax Court - 1974 - 862 էջ
...capital gains treatment in the following manner: For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business), but does not include— ( 1 ) stock in trade of the taxpayer or other property... | |
 | United States. Internal Revenue Service - 1975 - 92 էջ
...in the trade or business. Section 1221 of the Internal Revenue Code of 1954 provides, in part, that the term "capital assets" means property held by the taxpayer, whether or not connected with his trade or business, but does not include property held by the taxpayer primarily for sale to customers... | |
 | 1970 - 772 էջ
...defined. SEC. 1221. Capital asset defined. For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business), but does not include — ( 1 ) Stock in trade of the taxpayer or other property... | |
 | 1966 - 468 էջ
...defined. SEC. 1221. Capital asset defined,. For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business ) , but does not include — ( 1 ) Stock in trade of the taxpayer or other property... | |
 | United States. Congress. House. Committee on Ways and Means - 1981 - 404 էջ
..."Section" herein are Internal Revenue Code unless otherwise stated) provides that the term '"capital asset" means "property held by the taxpayer" (whether or not connected with his trade or business) with the exception of six categories of property thereafter set forth. Section l22l(5)... | |
 | 1981 - 870 էջ
...§ 1221. Capital asset defined. AND LOSSES For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business), but does not include— • •*•••• (6) a publication of the United States... | |
 | 1982 - 84 էջ
...in the trade or business. Section 1221 of the Internal Revenue Code of 1954 provides, in part, that the term "capital assets" means property held by the taxpayer, whether or not connected with his trade or business, but does not include property held by the taxpayer primarily for sale to customers... | |
 | United States. Congress. Senate - 2000 - 1220 էջ
...81221. Capital asset defined. (a) In general.—For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business), but does not include— ****** • (5) a publication of the United States Government... | |
 | United States - 1939 - 780 էջ
...CAPITAL GAINS AND LOSSES. (a) DEFINITIONS. — As used in thisl chapter — (1) CAPITAL ASSETS. — The term "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... | |
 | CCH Incorporated, CCH Tax Law Editors - 2008 - 1632 էջ
...DEFINED. [Sec. 1221(a)] (a) IN GENERAL. — For purposes of this subtitle, the term "capital asset" means property held by the taxpayer (whether or not connected with his trade or business), but does not include — (1) stock in trade of the taxpayer or other property of... | |
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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... 
