Add to ORKGThe taxpayer ordered his broker to sell certain shares of stock purchased in March, 1929, which were on deposit at a bank. He then ordered the bank to deliver a thousand shares from certificates numbered 80250 to 80258 inclusive, and 80264. It does not appear whether the instructions were written or oral. The bank, however, delivered by mistake certificates from another lot which had a considerably lower cost basis and had been held as collateral since 1925. The Board of Tax Appeals concluded that the shares delivered to the broker as represented by the certificates were the shares actually sold by the petitioner, and computed the taxable gain upon the basis of the cost of those shares rather than on the cost of the shares which the petitio...
Taxpayer had the exclusive right for a period of ten years to purchase all the coal mined by the ope...
Bonds of a prescribed kind were deposited in an investment trust with defendant, who issued certific...
The recent Louisiana case of State v. Stewart Brothers Cotton Co., lnc. raises the question of the t...
The taxpayer purchased A Company stock from X for $100,000 and later sold it for $7,500, deducting t...
As sole stockholder of the Robbins Tire and Rubber Company, the defendant managed and controlled the...
Petitioners, from 1937 to 1940, received distributions from the liquidation of a corporation of whic...
The stockholders of a closely held electric utility corporation offered to sell all the corporate st...
Testator died in 1903, and the executors turned over the residue of his estate to themselves as test...
From 1921 to 1929, appellee corporation bought shares of its own stock, not for retirement, but to s...
In 1932 the taxpayer sold to the X corporation, which he wholly owned and controlled, certain shares...
P and B owned all the outstanding shares of X Corporation. In 1937 P purchased B\u27s shares and gav...
Transactions involving forgiveness by stockholder-employees of corporate indebtedness are shrouded i...
In 1936, a taxpayer sold his interest in a partnership the assets of which were mainly acquired subs...
Taxpayer, a manufacturer of products made from corn, purchased and sold corn futures contracts as a ...
Appellants were partners in the securities business with offices in New York City. In the course of ...
Taxpayer had the exclusive right for a period of ten years to purchase all the coal mined by the ope...
Bonds of a prescribed kind were deposited in an investment trust with defendant, who issued certific...
The recent Louisiana case of State v. Stewart Brothers Cotton Co., lnc. raises the question of the t...
The taxpayer purchased A Company stock from X for $100,000 and later sold it for $7,500, deducting t...
As sole stockholder of the Robbins Tire and Rubber Company, the defendant managed and controlled the...
Petitioners, from 1937 to 1940, received distributions from the liquidation of a corporation of whic...
The stockholders of a closely held electric utility corporation offered to sell all the corporate st...
Testator died in 1903, and the executors turned over the residue of his estate to themselves as test...
From 1921 to 1929, appellee corporation bought shares of its own stock, not for retirement, but to s...
In 1932 the taxpayer sold to the X corporation, which he wholly owned and controlled, certain shares...
P and B owned all the outstanding shares of X Corporation. In 1937 P purchased B\u27s shares and gav...
Transactions involving forgiveness by stockholder-employees of corporate indebtedness are shrouded i...
In 1936, a taxpayer sold his interest in a partnership the assets of which were mainly acquired subs...
Taxpayer, a manufacturer of products made from corn, purchased and sold corn futures contracts as a ...
Appellants were partners in the securities business with offices in New York City. In the course of ...
Taxpayer had the exclusive right for a period of ten years to purchase all the coal mined by the ope...
Bonds of a prescribed kind were deposited in an investment trust with defendant, who issued certific...
The recent Louisiana case of State v. Stewart Brothers Cotton Co., lnc. raises the question of the t...