DAWSON, Judge:
Respondent determined a deficiency in petitioner's income tax for the year 1957 in the amount of $167,048.29.
The principal issues presented are whether the provisions of section 302(c)(2)(A)(iii), I.R.C. 1954, and the regulations thereunder, providing for the nonapplicability of section 318(a)(1) to stock redemptions which would otherwise qualify as in complete termination of a stockholder's interest in the redeeming corporation, are...
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.