 shall apply to the remaining portion of the total net income returned for such fiscal year. For the purpose of ascertaining the gain derived or loss sustained from the sale or other disposition by a corporation, joint stock company or association of property,...  Laws of Missouri - Page 193by Missouri - 1919Full view - About this book
 | United States - 1924 - 260 pages
...been accumulated ratably during such period. BASIS FOR DETERMINING GAIN OR LOSS. Sec. 202. (a) That for the purpose of ascertaining the gain derived or...loss sustained from the sale or other disposition of property, real, personal, or mixed, the basis shall be— (2) In the case of property acquired on... | |
 | United States. Department of Justice - 1924 - 708 pages
...(39 Stat. 765, 766). The Act of 1018, dealing with the questions propounded. are: "SEC. 202(a). That for the purpose of ascertaining the gain derived or...loss sustained from the sale or other disposition of property, real, personal, or mixed, the basis shall be— "(1) In the case of property acquired... | |
 | National Tax Association - 1924 - 628 pages
...the original cost or the fair market value on March 1, 1913. Section 202 (a) of the act provided that for the purpose of ascertaining the gain derived or loss sustained from the sale of property the basis should be, in the case of property acquired before March 1, 1913, the fair market... | |
 | Mississippi - 1924 - 828 pages
...inheritance, the basis shall be the fair market price at the time of such acquisition. (2) The basis for ascertaining the gain derived or loss sustained from the sale or other disposition of property, real, personal, or mixed, acquired before March 16, 1912, shall be the fair market value... | |
 | United States. Supreme Court - 1926 - 810 pages
...during the taxable year " incurred in any transaction entered into for profit," § 214 (a); and that " for the purpose of ascertaining the gain derived or...loss sustained from the sale or other disposition of property . . . the basis shall be—(1) In the case of property acquired before March 1, 1913, the... | |
 | 1927 - 1210 pages
...certainly not in the excise act of 1909. It is found as a legislative declaration of "the basis" for ascertaining the "gain derived or loss sustained from the sale or other disposition of property, real, personal or mixed," and significantly, proceeds to fix the bases: (1) "In the case... | |
 | 1928 - 1134 pages
...profits." Act Feb. 24, 1919, 40 Stat. 1057, 1059, § 201 (с), Сотр. St. § 6336i/ 8 b [c]. "That for the purpose of ascertaining the gain derived or...loss sustained from the sale or other disposition of property, real, personal, or mixed, the basis shall be— "(1) In the case of property acquired... | |
 | Mississippi - 1928 - 200 pages
...inheritance, the basis shall be the fair market price at the time of such acquisition. (2) The basis for ascertaining the gain derived or loss sustained from the sale or other disposition of property, real, personal, or mixed, acquired before March 16th, 1912, shall be the fair market value... | |
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