SECTION 1.1031(e)-1.   EXCHANGE OF LIVESTOCK OF DIFFERENT SEXES. 

Section 1031(e) provides that livestock of different sexes are not
property of like kind. Section 1031(e) and this section are applicable to
taxable years to which the Internal Revenue Code of 1954 applies.

[T.D. 7141, 36 FR 18792, Sept. 22, 1971]