The respondent determined a deficiency in income tax against the petitioner for the year 1940 in the amount of $6,637.17. The only issue presented is whether certain capital gain realized in 1940 was taxable to petitioner or to a trust of which he was a beneficiary.
FINDINGS OF FACT.
The greater part of the facts have been stipulated and such facts are found as stipulated.
The petitioner is now a resident of Philadelphia, Pennsylvania, but formerly...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.