 | United States. Tax Court - 1963 - 1104 pages
...trade or business. OPINION. RAUM, Judge: Under section 337 (a) of the 1954 Code, a corporation which adopts a plan of complete liquidation and distributes all of its assets within a 12-month period thereafter recognizes no gain or loss from the sale or exchange of its property... | |
 | United States. Tax Court - 1975 - 908 pages
...be recognized under the assignment-of- income doctrine. Section 337 provides that if a corporation adopts a plan of complete liquidation and distributes all of its assets to its shareholders in a 12-month period "then no gain or loss shall be recognized to such corporation from the sale or... | |
 | United States. Internal Revenue Service - 1974 - 624 pages
...loss treatment under section 337 of the Code. Section 337 of the Code states that if a corporation adopts a plan of complete liquidation and distributes all of its assets (less those retained to meet claims) in complete liquidation within the twelve-month period beginning... | |
 | United States. Internal Revenue Service - 1978 - 636 pages
...plan of complete liquidation described in section 337 of the Code and distributed all its assets to shareholders within 12 months of the date of adoption of the plan is not subject to the tax imposed by section 1378 on gain realized on the sale, and no part of the... | |
 | United States. Tax Court - 1974 - 862 pages
...must be recognized under the assignment-of-income doctrine. Section 337 provides that if a corporation adopts a plan of complete liquidation and distributes all of its assets to its shareholders in a 12-month period "then no gain or loss shall be recognized to such corporation from the sale or... | |
 | United States. Tax Court - 1973 - 1208 pages
...Western to Jack Finkle as representative. Section 337 provides, in subsection (a) , that if a corporation adopts a plan of complete liquidation and distributes all of its assets within a 12-month period, "then no gain or loss shall be recognized to such corporation from the sale... | |
 | United States. Congress. Senate. Committee on Finance - 1986 - 1530 pages
...would not - 8 recognize gain or losss on a sale of its property (other than certain recapture items) if it adopts a plan of complete liquidation and distributes...within 12 months of the date of adoption of the plan. Proffered Reasons for Change As its rationale for changing its position on General Utilities and thereby... | |
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Section 337 provides that if a corporation adopts a plan of complete liquidation and distributes all of its assets... 