1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 30 T.C.M.
  5. 30 T.C.M. 708 (1971)
 

BROWN v. COMMISSIONER

Docket No. 4191-68.

30 T.C.M. 708 (1971)

T.C. Memo. 1971-166

Robert S. Brown and Sara M. Brown v. Commissioner.

United States Tax Court.

Filed July 19, 1971.

Attorney(s) appearing for the Case

Mark B. Edwards, 900 North Carolina Natl. Bank Bldg., Charlotte, N. C., for the petitioners. James D. Burroughs, for the respondent.

Memorandum Findings of Fact and Opinion

IRWIN, Judge:

The Commissioner determined a deficiency in petitioners' income tax for the taxable year 1961 in the amount of $71,531.09. The sole issue for decision is whether petitioners received ordinary income in the amount of $112,214.451 upon the transfer to them of certain real property by The Clinton Corporation.

Findings of Fact

Some of the facts have been stipulated...

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