Do not use Safari browser (default browser for Apple devices) or you will experience technical issues. Use Google Chrome or Microsoft Edge browsers. (d) as (e).To access online services, you must first create a MyTravelGov account. 89–809, § 203(a), inserted “(including, in the case of transfers made on or before June 30, 1967, an investment company)” after “if property is transferred to a corporation”. 94–455, § 1901(a)(48)(B), among other changes, substituted “Exception” for “Application of June 30, 1967, date” in heading and in text provision that this section does not apply to a transfer of property to an investment company for provisions relating to treatment of a transfer of property to an investment company as made on or before June 30, 1967.ġ966-Subsec. 94–455, § 1901(a)(48)(A), struck out “(including, in the case of transfers made on or before June 30, 1967, an investment company)” after “property is transferred to a corporation”. 96–589, § 5(e)(2), struck out provision that stock or securities issued for services shall not be considered as issued in return for property for purposes of this section. 101–508 substituted “is used” for “are used”.ġ989-Subsec. Prior to amendment, text read as follows: “In determining control, for purposes of this section, the fact that any corporate transferor distributes part or all of the stock which it receives in the exchange to its shareholders shall not be taken into account.” “(C) such nonqualified preferred stock shall be treated as other property for purposes of applying subsection (b).”ġ997-Subsec. “(B) subsection (b) shall apply to such transferor, and 105–277 inserted “, or the fact that the corporation whose stock was distributed issues additional stock,” after “dispose of part or all of the distributed stock”. “(B) more than 50 percent of the total value of shares of all classes of stock of such corporation.” “(A) more than 50 percent of the total combined voting power of all classes of stock of such corporation entitled to vote, and “(2) if the requirements of section 355 are met with respect to such distribution, the shareholders shall be treated as in control of such corporation immediately after the exchange if the shareholders own (immediately after the distribution) stock possessing. “(1) the fact that any corporate transferor distributes part or all of the stock in the corporation which it receives in the exchange to its shareholders shall not be taken into account, and Prior to amendment, text read as follows: “In determining control for purposes of this section. 105–206, § 6010(c)(3)(A), reenacted heading without change and amended text generally. 106–36 struck out “, or acquires property subject to a liability,” after “liability”.ġ998-Subsec. 107–147 inserted comma after “liability”.ġ999-Subsec. 108–357 inserted at end “Stock shall not be treated as participating in corporate growth to any significant extent unless there is a real and meaningful likelihood of the shareholder actually participating in the earnings and growth of the corporation.”Ģ002-Subsec. 109–135 inserted at end “If there is not a real and meaningful likelihood that dividends beyond any limitation or preference will actually be paid, the possibility of such payments will be disregarded in determining whether stock is limited and preferred as to dividends.”Ģ004-Subsec.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |