Petitioner attacks respondent's determination that he is liable in the sum of $12,088.89, as a transferee of the assets of Freeminstreet Company, Inc., for deficiencies determined against that corporation in the amounts of $20,025.21 and $221.02 in income and declared value excess-profits tax, respectively, for the year 1945. The issues are whether respondent correctly charged petitioner's transferor with capital gain on the sale of property held in its name, and whether...
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.