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INTERNATIONAL MARITIME ORGANIZATION
SUBCOMMITTEE ON DANGEROUS
GOODS, SOLID CARGOES AND
CONTAINERS
10th session
Agenda item 3DSC 10/3/1/Add.1
1 June 2005
Original: ENGLISHAMENDMENTS TO THE IMG CODE
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What is dsc 1031add?
DSC 1031add is a tax form used to report like-kind exchanges of property under section 1031 of the Internal Revenue Code.
Who is required to file dsc 1031add?
Taxpayers who have engaged in like-kind exchanges of property and meet the criteria for reporting under section 1031 of the Internal Revenue Code are required to file dsc 1031add.
How to fill out dsc 1031add?
DSC 1031add should be filled out with detailed information about the properties exchanged, their values, and any gain or loss realized from the exchange.
What is the purpose of dsc 1031add?
The purpose of dsc 1031add is to report like-kind exchanges of property to the Internal Revenue Service for tax purposes.
What information must be reported on dsc 1031add?
Information such as property details, fair market values, adjusted bases, and any realized gain or loss must be reported on dsc 1031add.
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