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INCOME TAX PROJECT [i] (COUNCIL DRAFT 17, February 18, 1960)

handle is hein.ali/aliftp0298 and id is 1 raw text is: CONFIDENTIAL*
(Not to be sold, offered for sale, or otherwise published)

THE AMERICAN LAW INSTITUTE
Federal Income, Estate and
Gift Tax Project

Council Draft No. 17

Subject Covered:
Capital Gain Study
Treatment of Galn or Loss on the
Sale or Exchage--fBU-sinFess 7op-ty

Submitted to the Council of The American Law Institute
for Discussion at the Council Meeting
on March 17, 18 and 3.9, 1960

February 18, 1960

The Executive Office
The American Law Institute
133 South 36th Street
Philadelphia 4, Pa.

*This draft is submitted privately and gratuitously to a limited
number of selected persons of a particular class for a special
purpose. It is preliminary and private; therefore, citations
or quotations from it must not be made in any public address
or article.