Memorandum Findings of Fact and Opinion
RAUM, Judge:
The Commissioner determined a deficiency in income tax for the year 1947 in the amount of $15,929.17. Many of the facts have been stipulated by the parties and such facts are incorporated herein by reference as part of our findings.
The sole issue is the basis of 90 shares of stock of McEwan Brothers, a New Jersey corporation, which petitioner sold in 1947. He had acquired 87½ shares of that...
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.