 | 1971 - 1474 pages
...credits against the tax. Where the alternative tax on capital gains is imposed under section 1201 (b), the 87percent limitation shall apply only to the partial...computations under the income averaging provisions, section 1201 (b) is treated as imposing the alternative tax on capital gains computed under section 1304(e)... | |
 | 1968 - 1618 pages
...credits against the tax. Where the alternative tax on capital gains is imposed under section 1201 (b), the 87percent limitation shall apply only to the partial...computations under the income averaging provisions, section 1201 (b) is treated as imposing the alternative tax on capital gains computed under section 1304(e)... | |
 | 1970 - 750 pages
...credits against the tax. Where the alternative tax on capital gains is imposed under section 1201 (b), the 87percent limitation shall apply only to the partial...computations under the income averaging provisions, section 1201 (b) is treated as imposing the alternative tax on capital gains computed under section 1304(e)(2),... | |
 | 1971 - 744 pages
...credits against the tax. Where the alternative tax on capital gains is Imposed under section 1201 (b), the 87percent limitation shall apply only to the partial...computations under the income averaging provisions, section 1201 (b) is treated as imposing the alternative tax on capital gains computed under section 1304(e)... | |
 | 1966 - 1826 pages
...the tax. Where the alternative tax on capital gains is imposed under section 1201 (b), the 87 percent limitation shall apply only to the partial tax computed...50 percent of the excess of net long-term capital gain over net short-term capital loss. §1.1—4 Determination of normal tax and surtax. The tax imposed... | |
 | United States. Internal Revenue Service - 1967 - 1388 pages
...credits against the taxWhere the alternative tax on capital gains is imposed under section 1201 (b), the 87-percent limitation shall apply only to the...computations under the income averaging provisions, section 1201 (b) is treated as imposing the alternative tax on capital gains computed under section 1304(e)(2),... | |
 | United States. Internal Revenue Service - 1963 - 1402 pages
...after the end of the year. (2) designate in written notices mailed to its shareholders their share of the excess of net long-term capital gains over net short-term capital losses, and the portion, if any, which the corporation has distributed. These notices must be mailed to the... | |
 | United States. Congress. Joint Economic Committee - 1955 - 1474 pages
...for production of income, (2) for losses realized on the sale or exchange of property, and (3) for 50 percent of the excess of net long-term capital gains over net short-term capital losses, are offset against gross income in arriving at adjusted gross income.29 The second category of deductions... | |
 | United States. Internal Revenue Service - 1956 - 1348 pages
...the tax. Where the alternative tax on capital gains is imposed under section 1201 (b), the 87 percent limitation shall apply only to the partial tax computed...50 percent of the excess of net long-term capital gain over net short-term capital loss. § 1.1-4 DETERMINATION OF NORMAL TAX AND SURTAX. — The tax... | |
 | United States. Congress. Joint Economic Committee - 1959 - 282 pages
...expenses for production of income, (2) losses realized on the sale or exchange of property, and (3) 50 percent of the excess of net long-term capital gains over net short-term capital losses, are deducted from gross income in arriving at adjusted gross income.29 The second category of deductions... | |
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Where the alternative tax on capital gains is imposed under section 1201(b). the 87-percent limitation shall apply only to the partial tax computed on the taxable income reduced by 50 percent of the excess of net long-term capital gains over net short-term... 
