Grissom Explains Tax Exchange Rules For Securities
Collector Gilliam Grissom of North Carolina clarifies that the 1921 Revenue Act section 202(c)(1) does not treat all sales and reinvestments in securities as tax exchanges. A true exchange requires reciprocal transfer of property with simultaneous title passage, not merely a sale and reinvestment.
MENTIONED IN THIS ARTICLE
International Revenue
Gilliam Grissom
District of North Carolina
Bureau of Internal Revenue
Bureau
Harding Sees Bright Future in Air Transport
President Harding expresses belief in aviation progress and U S leadership in commercial flight. He urges public support, notes growing civilian pilots and aircraft, expanding airways and terminals, with near term developments in air transport for communication and travel.
MENTIONED IN THIS ARTICLE
New York
Harding
United States
Aeronautical Chamber of Commerce of America
White House
Washington
Aeronautical Chamber of Commerce
America
Warren G. Harding
Kyushu Imperial University Opens Programs for Women
The Kyushu Imperial University departments of engineering and medicine have admitted women and considered a second proposal to open more fields. Dr. Yoshida, the university president, says co education will soon be arranged in all Japanese schools.
MENTIONED IN THIS ARTICLE
Fukuoka
Japan
Kyushu
Dependents Eligible for Monthly Veteran Relief Aid
In New York City on July 17 a modification to the New York Veterans Relief Act makes dependents of disabled ex service men in hospital eligible for 15 dollars per month if the veteran is being maintained in the hospital by the government.
MENTIONED IN THIS ARTICLE
Orville Wright
Glenn H. Purtiss
Chambe New
Wu Gay
Chamber
National Air
New York City
New York
Also Mentioned on This Page
Grissom
Harrison
High Point
Atlantic Bank and ‘Trust Company
Atlantic Bank and Trust CO
Greensboro
Rex
FORD
Ford Cars
Ford Trucks
Fordson Tractors
Ford Paris
Ford Motor Company
Wilson Motor Company
Lrandleman
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