1. Home
  2. Browse Decisions
  3. T.C.
  4. 41 T.C.
  5. 41 T.C. 562 (1964)
 

HASEROT v. COMMISSIONER

Docket No. 93774.

41 T.C. 562 (1964)

HENRY McK. HASEROT AND BONNIE C. HASEROT, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed January 27, 1964.

Attorney(s) appearing for the Case

Warren E. Hacker, for the petitioners.

Eugene S. Linett, for the respondent.

TRAIN, Judge:

Respondent determined a deficiency of $82,224.86 in petitioners' income tax liability for 1958.

Some of the issues have been settled. The issue remaining for decision is whether stock and $64,850 received by Henry McK. Haserot from his controlled corporation in return for stock in two other controlled corporations are taxable as a dividend or are to be treated as payment for stock and taxed as long-term capital gain.

FINDINGS...

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