 | Administrative law - 1968 - 268 pages
...manner as the Secretary or his delegate may by regulations prescribe) to have this subsection apply, then, no gain or loss shall be recognized to such...corporation from the sale or exchange by it of property during the calendar year 1954. (2) Certain provisions of section 337 made applicable. For purposes... | |
 | United States. Tax Court - Law reports, digests, etc - 1969 - 572 pages
...OR LOSS ON SALES OR EXCHANGES IN CONNECTION WITH CERTAIN LIQUIDATIONS. (a) GENERAL RULE. — If — (1) a corporation adopts a plan of complete liquidation...exchange by it of property within such 12-month period. The principal question involved in this case is whether as a matter of law the sale of the property... | |
 | United States. Tax Court - Taxation - 1965 - 992 pages
...support our holding. The material parts of section 337 provide as follows: (a) GENERAL RULE. — If — (1) a corporation adopts a plan of complete liquidation...shall be recognized to such corporation from the sale ot exchange by it of property within such 12-month period. (b) PROPERTY DEFINED. — (1) IN GENERAL.... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1958 - 1258 pages
...RULE.— If — (1) a corporation adopts a plan of complete liquidation on or after June 22, 195-1, and (2) within the 12-month period beginning on the...exchange by it of property within such 12-month period. ******* (c) LIMITATIONS. — (1) COLLAPSIBLE CORPORATIONS AND LIQUIDATIONS TO WHICH SECTION 333 APPLIES.... | |
 | Administrative law - 1973 - 296 pages
...or loss on sales or exchanges in connection with certain liquidations — (a) General rule. If — (1) A corporation adopts a plan of complete liquidation...meet claims, then no gain or loss shall be recognized to euch corporation from the sale or exchange by it of property within such 12-month period. (b) Property... | |
 | United States. Internal Revenue Service - Tax administration and procedure - 1955 - 1402 pages
...general rule if a corporation adopts a plan of complete liquidation on or after June 22, 1954, and within the 12-month period beginning on the date of...from the sale or exchange by it of property within the 12-month period. In the instant case and upon the basis of the facts presented, it is held that... | |
 | United States. Tax Court - Law reports, digests, etc - 1968 - 774 pages
...(1) a corporation adopts a plan of complete liquidation on or after Jane 22, 1954, and (2) within tbe 12-month period beginning on the date of the adoption...from the sale or exchange by It of property within inch 12-month period. (b) PBOFBBTT Dannie. — (1) In <;>-•- nu — For purposes of subsection (a),... | |
 | United States. Tax Court - Law reports, digests, etc - 1969 - 1194 pages
...GAIN OR LOSS ON SALES OH EXCHANGES IN CONNECTION CERTAIN LIQUIDATIONS. (a) GBNBBAL RULE. — If — (1) a corporation adopts a plan of complete liquidation...liquidation, less assets retained to meet claims, no gain or loss shall be recognized to such corporation from the sale or exchange r it of property... | |
 | United States. Tax Court - Law reports, digests, etc - 1966 - 978 pages
...OR LOSS ON SALES OR EXCHANGES IN CONNECTION WITH CERTAIN LIQUIDATIONS, (a) GENERAL Km > . — if — (1) a corporation adopts a plan of complete liquidation...corporation are distributed In complete liquidation, lens assets retained to meet claims, then no gain or loss shall be recognized to snch corporation from... | |
 | United States. Tax Court - Law reports, digests, etc - 1965 - 916 pages
...OR LOSS ON SALES OR EXCHANGES IN CONNECTION WITH CERTAIN LIQUIDATIONS, (a) GENERAL RDLI. — If — (1) a corporation adopts a plan of complete liquidation...the date of the adoption of such plan, all of the Besets of the corporation are distributed In complete liquidation, less assets retained to meet claims,... | |
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June 22, 1954, and (2) Within the 12-month period beginning on the date of the adoption of such plan, all of the assets of the corporation are distributed in complete liquidation, less assets retained to meet claims, then no gain or loss shall be recognized... 
