 | 1981 - 30 pages
...purpose, the term "capital asset" generally means property held by the taxpayer. However, capital assets do not include (1) inventory, stock in trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in... | |
 | 1982 - 40 pages
...For this purpose, the term "capital asset" generally means property held by the taxpayer. However, capital assets generally do not include (1) inventory,...trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in... | |
 | United States. Congress. Joint Committee on Taxation - 1983 - 80 pages
...this purpose, the term "capital asset" generally means any property held by the taxpayer. However, capital assets generally do not include (1) inventory,...trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in... | |
 | United States. Congress. Senate. Committee on Finance - 1983 - 452 pages
...this purpose, the term "capital asset" generally means any property held by the taxpayer. However, capital assets generally do not include (1) inventory,...trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in... | |
 | United States. Congress. House. Committee on the Budget - 1989 - 868 pages
...than as capital losses. A capital asset is defined generally as property held by a taxpayer other than (1) inventory, stock in trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business; (2) depreciable or real property used in... | |
 | United States. Congress. House. Committee on Ways and Means - 1995 - 138 pages
...carried forward indefinitely to another taxable year. A capital asset generally means any property except (1) inventory, stock in trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in... | |
 | 1995 - 38 pages
...asset" generally means any property held by the taxpayer except for the following specified classes: (1) inventory, stock in trade, or property held primarily for sale to customers in the ordinary course or the taxpayer's trade or business, (2) depreciable or real property used in... | |
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A capital asset generally means any property except (1) inventory, stock in trade, or property held primarily for sale to customers in the ordinary course of the taxpayer's trade or business, (2) depreciable or real property used in the taxpayer's trade... 
