Code Section 336

Read this complete california code code of civil procedure ccp 336 on westlaw findlaw codes are provided courtesy of thomson reuters westlaw the industry leading online legal research system.

Code section 336. This menu will point out the sections on which an emergency rule valid for a maximum of 150 days usually until replaced by a permanent rulemaking exists. The code itself directed the secretary of the treasury to issue regulations that provide that a section 336 e election can be made to treat the sale exchange or distribution of at least 80 percent of the stock of a target corporation as a sale of its underlying assets. 338 h 10 election the purchaser must be a corporation and the term qualified stock purchase qsp is used when all criteria for the election are met.

For more detailed codes research information including annotations and citations please visit westlaw. 336 e election is broadly similar to the sec. Part 336appeal of child abuse and neglectinvestigation findings.

Under the proposed regulations an election under section 336 e is available for qualified stock dispositions of domestic target stock by domestic corporate sellers seller. Enter section 336 e in 1986 section 336 e was enacted to prevent certain situations in which a triple tax might arise. Federal income tax purposes.

338 h 10 election with the most critical difference being the stock purchaser. Internal revenue code section 336 e elections. Before november 20 1985 a ruling request was submitted to the secretary of the treasury or his delegate with respect to a transaction of a kind described in section 336 or 337 of the internal revenue code of 1954 as in effect before the amendments made by this subtitle.

1 the disposition is a qualified stock disposition as defined in 1 336 1 b 6. Internal revenue code 336. Findlaw codes are provided courtesy of thomson reuters westlaw the industry leading online legal research system.

The general assembly s illinois administrative code database includes only those rulemakings that have been permanently adopted. Something else to consider is that under section 336 a of the tax code a gain or loss is recognized by a liquidating corporation on the distribution of its property in complete liquidation as if such property were sold to the distributee at its fair market value. Gain or loss recognized on property distributed in complete liquidation on westlaw.