Page:United States Statutes at Large Volume 68A.djvu/7

 TABLE OF CONTENTS

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CHAPTER 1. Normal Taxes and Surtaxes—Continued SUBCHAPTER C. Corporate distributions and adjustments—Con. Part II. Corporate liquidations—Continued Subpart C. Collapsible corporations; foreign personal holding companies. Page Sec. 341. Collapsible corporations 107 Sec. 342. Liquidation of certain foreign personal holding companies 110 Subpart D. Definition. Sec. 346. Partial liquidation defined 110 Part III. Corporate organizations and reorganizations. Subpart A. Corporate organizations. Sec. 351. Transfer to corporation controlled by transferor -____^ 111 Subpart B. Effects on shareholders and security holders. Sec. 354. Exchanges of stock and securities in certain reorganizations 112 Sec. 355. Distribution of stock and securities of a controlled corporation , 113 Sec. 356. Receipt of additional consideration 115 Sec. 357. Assumption of liability 116 Sec. 358. Basis to distributees 117 Subpart C. Effects on corporation. Sec. 361. Nonrecognition of gain or loss to corporations 118 Sec. 362. Basis to corporations 118 Sec. 363. Effect on earnings and profits 119 •• Subpart D. Special rule; definitions. Sec. 367. Foreign corporations 119 Sec. 368. Definitions relating to corporate reorganizations 120 Part IV. Insolvency reorganizations. •• Sec, 371 i Reorganization in certain receivership and bankruptcy proceedings: 121 Sec. 372. Basis in connection with certain receivership and bankruptcy proceedings 122 Sec. 373. Loss not recognized in certain railroad reorganizations 123 Part V. Carryovers. Sec. 381. Carryovers in certain corporate acquisitions-_ 124 Sec. 382. Special limitations on net operating loss carryovers129 Part VI. Effective date of subchapter C. Sec. 391. Effective date of part I 131 Sec. 392. Effective date of part II 131 Sec. 393. Effective dates of parts III and IV 132 Sec. 394. Effective date of part V 133 Sec. 395. Special rules for application of this subchapter 133 SUBCHAPTER D. Deferred compensation, etc. Part I. Pension, profit-sharing, stock bonus plans, etc. Sec. 401. Qualified pension, profit-sharing, and stock bonus plans 134 Sec. 402. Taxability of beneficiary of employees' trust-_ 135 Sec. 403. Taxation of employee annuities 137 Sec. 404. Deduction for contributions of an employer to an employees' trust or annuity plan and compensation under a deferred-payment plan 138 Part II. Miscellaneous provisions. Sec. 421. Employee stock options 142 SUBCHAPTER E. Accounting periods and methods of accounting. Part I. Accounting periods. Sec. 441. Period for computation of taxable income 148 Sec. 442. Change of annual accounting period 149 Sec. 443. Returns for a period of less than 12 months-. 149

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