Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 26 - Internal Revenue |
Chapter I - Internal Revenue Service, Department of the Treasury |
SubChapter A - Income Tax |
Part 1 - Income Taxes |
Definitions; Constructive Ownership of Stock |
§ 1.317-1 - Property defined.
Latest version.
-
§ 1.317-1 Property defined.
The term property, for purposes of part 1, subchapter C, chapter 1 of the Code, means any property (including money, securities, and indebtedness to the corporation) other than stock, or rights to acquire stock, in the corporation making the distribution.