United States Tax Court.
This proceeding involves income tax, declared value excess profits tax, and excess profits tax liabilities for the year 1940, as follows:
Income tax --------------------------------------- $120,582.34 Declared value excess profits tax ---------------- 61,778.29 Excess profits tax ------------------------------- 812.02
The sole issue is whether petitioner, having distributed as a dividend in kind shares of another corporation to its sole...
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.