 | United States. Internal Revenue Service - Tax administration and procedure - 1962 - 976 pages
...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...such money and the fair market value of such other property." Centering upon this section, and upon the Seventh Circuit's interpretation of It in tie... | |
 | Administrative law - 1963 - 152 pages
...of reorganization, the gain, if any, to the corporation shall be recognized, but in an amount not hi excess of the sum of such money and the fair market...property so received, which is not so distributed. (3) Z-oss from exchanges not solely in kind. If an exchange would be within the provisions of paragraph... | |
 | Administrative law - 1966 - 264 pages
...exchange, but (B) If the corporation receiving such other property or money does not distribute it ha pursuance of the plan of reorganization, the gain,...property so received, which Is not so distributed. (2) Loss. If subsection (a) would apply to an exchange but for the fact that the property received... | |
 | United States - Interstate commerce - 1966 - 832 pages
...plan of reorganization, the gain, if any, to the corporation snail be recognized, but in an amount not in excess of the sum of such money and the fair...property so received, which is not so distributed. "(3) Loss PROM EXCHANGES NOT SOLELY IN KIND. — If an cxchange would be within the provisions of paragraph... | |
 | Administrative law - 1967 - 272 pages
...to be received without the recognition of gain, but also ol other property or money, then — (A) И the corporation receiving such other property or money...property so received, which Is not so distributed. (2) Loss. If subsection (a) would apply to an exchange but for the fact that the property received... | |
 | Floyd Morse Hubbard, United States. Congress. Joint Committee on Internal Revenue Taxation - Government publications - 1967 - 1394 pages
...the recognition of gain, but also of other property or money, then the gain, if anv. to the recipient shall be recognized, but in an amount not in excess...such money and the fair market value of such other property.1' r SEC. 1031— Continued (c) Sept. 22, 1959, HR 9035, PL 86-346, § 201 (d), 73 Stat. 624:... | |
 | Administrative law - 1968 - 260 pages
...recognition of gain, but also of other property or money, then — (A) If the corporation receiving euch other property or money distributes It in pursuance...property so received, which is not so distributed. (b) Exchanges by security holders — (1) In general. No gain or loss shall be recognized on an exchange... | |
 | United States. Tax Court - Taxation - 1950 - 1144 pages
...the plan of reorganization, no gain to the corporation shall be recognized from the exchange, but (2) If the corporation receiving such other property or...property so received, which is not so distributed. Here, land, buildings, and fixtures which had been subject to the lien of the first mortgage made by... | |
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If the corporation receiving such other property or money does not distribute It In pursuance of the plan of reorganization, 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... 
