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SUBCHAPTER C [i] (MEMORANDUM 6, February 6, 1976)

handle is hein.ali/aliftp0332 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL -
PUBLIC DISCLOSURE IS PROHIBITED*
(Not to be sold, offered for sale, or otherwise published)
THE AMERICAN LAW INSTITUTE
FEDERAL INCOME TAX PROJECT
MEMORANDUM NO. 6
Subjects Covered:
I. INTRODUCTION
II. GENERAL PROPOSALS
III. CARRYOVER-BASIS ACQUtSITIONS
IV. COST-BASIS ACQUISITIONS
Submitted to the Consultants for consideration
at their meeting on February 27 (at O:00 a.m.)
and 28, 1976 at The Westbury, 69th Street and
Madison Avenue, New York, New York.
February 6, 1976
The Executive Office
The American Law Institute
4025 Chestnut Street
Philadelphia, Pa. 19104
*This is a preliminary draft submitted on a private and
confidential basis to a limited group for the sole purpose
of study and criticism. It has not been promulgated or
approved by the Council or the members of The American
Law Institute.
As an unpublished document intended for internal use, this
draft should not be generally circulated or distributed,
nor should it be quoted from or cited or its substance
disclosed in any public address or writing.