1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 12 T.C.M.
  5. 12 T.C.M. 267 (1953)
 

STOUMEN v. COMMISSIONER

Docket No. 26431.

12 T.C.M. 267 (1953)

Bernard Stoumen v. Commissioner.

United States Tax Court.

March 13, 1953.

Attorney(s) appearing for the Case

Morris Wolf, Esq., Morris H. Goldman, Esq., 12th Floor, Packard Building, Philadelphia, Pa., and Wesley H. Caldwell, Esq., for the petitioner. Jules I. Whitman, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

JOHNSON, Judge:

This proceeding involves deficiencies in income tax and penalties as follows:

  Year                 Deficiency    50% Penalty

  1943 .............   $60,154.96    $30,077.48
  1944 .............    68,594.32     34,297.16
  1945 .............    51,700.99     25,850.50

The issues are whether respondent erred (a) in increasing the amount of petitioner's share of the profits...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases