 If the property was acquired after December 31, 1920, by a transfer in trust (other than by a transfer in trust by a bequest or devise) the basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased...  Reports of the U.S. Board of Tax Appeals - Page 692by United States. Board of Tax Appeals - 1934Full view - About this book
 | United States. Internal Revenue Service - Income tax - 1936 - 604 pages
...basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized to the...applicable to the year in which the transfer was made. ABT. 113(a) (3)-l. Transfer in trust after December 31, 1920.— (a) Property included. — Section... | |
 | United States, United States. Congress. House. Committee on Ways and Means - Finance - 1936 - 308 pages
...transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer wras made. If the property was distributed in kind by a partnership to any partner, the basis of such... | |
 | United States. Congress. Senate. Committee on Finance - United States - 1939 - 780 pages
...basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized to the...applicable to the year in which the transfer was made. (4) GlFT OR TRANSFER IN TRUST BEFORE JANUARY 1, 1921. If the Eroperty was acquired by gift or transfer... | |
 | United States - Session laws - 1939 - 780 pages
...transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer was made. This paragraph shall not apply if the property acquired consists of stock or securities in a corporation... | |
 | Almanacs, American - 1924 - 1040 pages
...transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor comply with the foregoing requirements shall be guilty of a misdemeanor and wns made: if» If the property consiste of stock or securities distributed after Dec. 31. 1Я23. to... | |
 | Trust companies - 1925 - 916 pages
...hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized t;> the grantor upon such transfer under the law applicable...property Interests as are specified in subdivision (c) or (e) of Section 402 of the Revenue Act of 1921 or in subdivision (c), (d), or (f) of Section 302... | |
 | United States. Congress Internal Revenue Taxation Joint Committee - Internal revenue - 1938 - 700 pages
...basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized to the...applicable to the year in which the transfer was made. (4) GlFT OR TRANSFER IN TRUST BEFORE JANUARY 1, 1921. If the B'operty was acquired by gift or transfer... | |
 | United States. Congress. Senate. Committee on Finance - Finance - 1938 - 768 pages
...it would be in the hands of the grantor, increased in the amount of gain or decreased in the n mount of loss recognized to the grantor upon such transfer...applicable to the year in which the transfer was made. (5) Properly transmitted at death. — If the property was acquired by bequest, devise, or inheritance,... | |
 | United States, United States. Congress. House. Committee on Ways and Means - Finance - 1938 - 348 pages
...transferor, increased in the amount of gain or decreased in the amount of loss recognized to the transferor upon such transfer under the law applicable to the year in which the transfer was made. (c) DISTRIBUTIONS OF STOCK OR SECURITIES. — If the stock or securities were received in a distribution... | |
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