The Code of Federal Regulations of the United States of AmericaU.S. Government Printing Office, 1966 - 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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Page 4
... complete liquidations of subsidiaries . 1.332-1 Distributions in liquidation of subsidiary corporation ; general ... liquidation as affecting minority interests . 1.332-6 Records to be kept and information to be filed with return . 1.332 ...
... complete liquidations of subsidiaries . 1.332-1 Distributions in liquidation of subsidiary corporation ; general ... liquidation as affecting minority interests . 1.332-6 Records to be kept and information to be filed with return . 1.332 ...
Page 9
... liquidation , see part II ( sec . 331 and following ) . ( 3 ) For distributions in corporate organi- zations and ... complete liquida- tion ) , part III ( relating to corporate organizations and reorganizations ) , and part IV ( relating ...
... liquidation , see part II ( sec . 331 and following ) . ( 3 ) For distributions in corporate organi- zations and ... complete liquida- tion ) , part III ( relating to corporate organizations and reorganizations ) , and part IV ( relating ...
Page 15
... complete redemption of all of the stock of the corporation owned by the shareholder . ( 4 ) Stock issued by railroad ... Liquidations . Of stock in partial or complete liquidation , see section 331 . § 1.302-1 General . ( a ) Under ...
... complete redemption of all of the stock of the corporation owned by the shareholder . ( 4 ) Stock issued by railroad ... Liquidations . Of stock in partial or complete liquidation , see section 331 . § 1.302-1 General . ( a ) Under ...
Page 16
... complete liquidation see sec- tion 331 . ( b ) If , in connection with a partial liquidation under the terms of section 346 , stock is redeemed in an amount in excess of the amount specified by section 331 ( a ) ( 2 ) , section 302 ( b ) ...
... complete liquidation see sec- tion 331 . ( b ) If , in connection with a partial liquidation under the terms of section 346 , stock is redeemed in an amount in excess of the amount specified by section 331 ( a ) ( 2 ) , section 302 ( b ) ...
Page 26
... Liquidations . If the section 306 stock is redeemed in a distribution in partial or complete liquidation to which part II ( sec . 331 and following ) applies . ( 3 ) Where gain or loss is not recognized . To the extent that , under any ...
... Liquidations . If the section 306 stock is redeemed in a distribution in partial or complete liquidation to which part II ( sec . 331 and following ) applies . ( 3 ) Where gain or loss is not recognized . To the extent that , under any ...
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Common terms and phrases
20 percent 301 applies accumulated earnings acquiring cor acquiring corporation adjusted basis common stock complete liquidation controlled corporation date of distribution December 31 described in section determined distribution or transfer distributor or transferor dividend carryover earnings and profits election erty excess fair market value February 28 feror corporation following examples gain or loss graph holders Internal Revenue Code January June 22 June 30 liability loss corporation method of accounting operating loss carryovers operating loss deduction outstanding stock ownership paragraph percent in value plan of liquidation plan of reorganization poration postacquisition preceding taxable prop property received provided in section provisions of section purchase pursuant quiring recognized redemption respect sale or exchange section 306 stock section 381 shareholder Statutory provisions stock of Corporation stock or securities subchapter subparagraph subsection taxable income taxable year ending tion trade or business transaction transferor corporation treated tribution X Corporation
Popular passages
Page 108 - If an exchange would be within the provisions of subsection (b) (1), (2), (3), or (5) of this section if it were not for the fact that the property received 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...
Page 118 - ... it has been established to the satisfaction of the Secretary or his delegate that such exchange is not in pursuance of a plan having as one of its principal purposes the avoidance of Federal income taxes.
Page 109 - ... to be received without the recognition of gain or loss, but also of other property or money, then no loss from the exchange shall be recognized.
Page 58 - ... is in complete cancellation or redemption of all the stock, and the transfer of all the property under the liquidation occurs within some one calendar month...
Page 117 - If It were not for the fact that the property received 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 124 - ... the gain, if any, to the corporation 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 to received, which is not so distributed.
Page 97 - 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 187 - Secretary, expended in the acquisition of other property similar or related in service or use to the property so converted, or in the acquisition of control of a corporation owning such other property, or in the establishment of a replacement fund, no gain or loss shall be recognized. If any part of the money is not so expended...
Page 214 - A corporation has not continued to carry on a trade or business substantially the same as that conducted before...
Page 127 - Permanent records in substantial form shall be kept by every taxpayer who participates in an exchange described in section 371 (b), showing the cost or other basis of the transferred property and the amount of stock or securities and other property or money received (including any liabilities assumed upon the exchange) , in order to facilitate the determination of gain or loss from a subsequent disposition of such stock or securities and other property received from the exchange.