United States Tax Court.
Memorandum Findings of Fact and Opinion
TIETJENS, Judge:
The respondent determined a deficiency in income tax for 1943 of $7,770.85. The year 1942 is involved because of the Current Tax Payment Act of 1943.
The only issue is whether the petitioner received taxable income in 1942 when he purchased an uncompleted building from a corporation in which he was a substantial shareholder at a price of $13...
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