Memorandum Opinion
SIMPSON, Judge:
The Commissioner determined a deficiency of $8,497.00 in the petitioners' Federal income tax for 1972. The sole issue for decision is whether certain restrictions on the transferabliity of common stock received by an employee upon the exercise of a qualified stock option are to be considered in determining the fair market value of the stock for purposes of the minimum tax.
All of the facts were stipulated, and those...
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.