Page:United States Statutes at Large Volume 44 Part 2.djvu/55

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“l*b9‘ . .»€»‘?—) 9¥€··»(°}:1°fe¤§P\*0!»;¢¥§?~·9f tim YI13t!§}aA¢$»I of; 1921 »v.;&,R,·w,,»vd, ¤¥"¤Ai;§Y?§¥¤9·;(9)!#¥,1f r ¤_¤>¤¤¤»§£B( at thorRgtenuonAot $*2, :Zi‘v’ W 1924% #(9} 0R $-1}} 3€¥Z€Qf¤·¢h1¤ i&¤$~;p£§,» s=;» i o (6}»;,.—-*h¢ gw ed¤$m~W¤¤.•eq¤¤¢<1e;p¢¤5mae¤¤§uaeesle¤¤»be4 an ,,,,3;*,;*},*,,;}* ml •*·

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gulme -¤°P$l$v _  : do rz, diypoef ·_ peytypqrgu ,§ vrovsrty. P¤*`°8*‘¤Pl¤ (1)»_(2), (mr (4)_qf (by of l‘»‘Z§’° *’*°°“‘°" “‘“.,w°” "°’;‘z;$%“;”3£§12§ > ¤‘PF° Jie l8 ; or y 4— between 5§E£ro;;•i1¤iec;l)d;h:o;:. :reoeived,;ax;d($11[ft>n@lElie P'¤*P¤¤$=9 ,¢»1,9¢¤¤,9n- oxorshalln ap ‘ it-mi su — en; PY9P€P*YL%¥¥;#¤¤°¤¤t»1£1l¤1Y%I¤H¢.¢0»r1b8rfnu: market value at theodnte ef Q ¥8·l’!·K¥'8ph¤;8ha]I Lot; applywmi-ipggpgygy égmok hump •¤; ¤¤q¤¤`Rd1bX`¤¤A>0rp¤¤q¢i9¤ by the.iasu¤·¤¤•» of! itmssteck qrseouriiim use ¥·h¤;;;¢9;1;si%¤¢¤t1¤¤q ·m whole; or in part~·fgx·= themrnsfer oiwehe Prope V 1 ,*:’»» *·;·iT *··:;ri·~i;;.1»·_;‘<»’ ·»;i¤,—»-·*x·—·l:-;i?f»· (Z) Iiihw . P6iT$.Y;(0$h¤ i·h¤m¤tock;ot,sec` 'ties¤` . l " ti ··"°"°"°*°¤¤ z;9{>;r%r, 1TQ0?¤·D»lg'N;i0I1)” wps zig; §°_e°°§& g§¤mK?°£>"» y y { _ co ora on ui mn,w1th1~a.»;reorgam° ' ' ‘ imragdiitelytefirer the ¢¤to¤¤fer;a¤;—intorestror control inssuch property Ei S° M °i'£2“m»s,»°' EE £2“2§L"°°` "““‘”e’*”§»§°t‘2°" &‘§Z£ fem, . b y · me m‘ . ‘ , _ l t Qf th°e.t.¥`¤€\l${¢I7°F¢x1Di¤Y9¤89§3·5iD3 em0unt.o£·gaiar-or decreased sin ~ the .¤z¤¤¤@w¢ ef mathe uaosfemr npo¤;see1»4·•qss¤c ¤11d¤1‘¢»b¤&;»W»¤p V 4 uhh iQ the yqamn Jmhneh *118 transfer mir made; A (8),If, ,o,prop¢17hY Qothemthan stock ox:,ee¢ux·§.tice¤inao¢>mpcg·aati<i¤ ,,.,,‘{,";}‘§§f‘,"" D; t ‘ e 1-ed e — 81 ¥»¤‘E7'E§' r»°€ap¤v’ —.;,¤;§ ¤~··==····-~···· °°¤¤9¢§*9¤~W1°h · *=¤·!¤¤w¤¤¤ in; puugrepumanc Subdmswm ·§b)r~<>§ Sectsen,208 (including wlcwrnyipart of y .¢h¤» t9¤wd¤¤¤¤¤¤; ferr Vibe » .¤¤n¤fe¤» ;§éi¤§<>1¤ * ,·prope£y;g:k·th• corpora ron was. ro _;_·0lT·H}QD&]:1Il».{ on»&o*su `: _ on S¢<=¤r§t§¢s2,.tbcn gee be the _s¤.me as,;t.m4u1d;bett;nt.t1m gentle odvithgh transfemr,£ii1m·eased in 0tih<;0s1l1:'·e1:;nt;;E—·Tgainn;or. ecresse m e amonnt o oss , t ? me upon

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QQBB i» ~> ;·{-,‘ yy? ·; Z;"!E`2’·’. Q (9) if progrtyyconsists oi. ,s§ock`p1;;3q¤u;itiqg.; 4igrgpumd;ut§§§·,,g°,g;m§_?§g§; af(;er»Dgcembe1· __, 1923; to ya taxpayer m,conneet;;0n;:w1thV-$,§,§;§f D°°°“"’°' Sb transaction described in subdivision fc? of tho~hasi.st i°*.ih°a°Z°i1°lr§°$ ·“"° 3,* walghregull “*° .’“EZ"‘”p¤e.n“"°“ mae r a none er_____y , dna; , . by the with; the cpppmigi ofwthe suchstockand thestoclccornsecuritxes distributed; ·.·.;-t av;. zo; -:1; (16) if the vpropeirty we¤—l¤¤·g\;¤•i3¢d '¤¤;·¢·h¢ir¤¢w1t;of;a~l¤om ,uz1s¤x·y,.,.,·t.°;¤,“{.*§,*},,,‘;,={(,,§?'°“· or 1nvo1nntaz·yhconvars1on dpscri _ {5) ofsubdiissiaioni (b) of section 203; the basis shall be t eearoe ae·»1n»t11e ense··oft·$he; propert so converted, decreased in the ‘amoun€ of any money receive! by the taxpa er which wear npt expended in accordance with the provisions ofy law (applicable to the year in which such convorsionrwas madw) ,dGi·¤r¤1i¤i¤8— QW tuilblo status go! tllvgsin-or loss upon such conversion, and increased in the amountiofz in or decrcasediin the amount 0f__10ss to the. taxpayer; upon,