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

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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,