Goldman v. Commissioner
United States Board of Tax Appeals
Where both a partner and a partnership of which he was a member kept their accounts on a cash receipts and disbursements basis, and each had the same accounting year, and where the partner died within such year, held that they should return for income tax the share of such decedent in the partnership income for the period ending with his death, irrespective of whether such share was distributed or not, the said share of income to be computed as of the date of such partner's…
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Where both a partner and a partnership of which he was a member kept their accounts on a cash receipts and disbursements basis, and each had the same accounting year, and where the partner died within such year, held that they should return for income tax the share of such decedent in the partnership income for the period ending with his death, irrespective of whether such share was distributed or not, the said share of income to be computed as of the date of such partner's death.
1Opinion of the Court
MAURICE L. GOLDMAN, LEO M. LEVY, A. A. BATH, AND H. R. SCHRADZKI, EXECUTORS, ESTATE OF ARE M. LEVY, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Goldman v. Commissioner
Docket No. 18330.
United States Board of Tax Appeals
15 B.T.A. 1341; 1929 BTA LEXIS 2675;
April 11, 1929, Promulgated
Where both a partner and a partnership of which he was a member kept their accounts on a cash receipts and disbursements basis, and each had the same accounting year, and where the partner died within such year, held that they should return for income tax the share of such decedent in the partnership…
2Cases cited2 opinions
- Bankers' Trust Co. v. BowersCourt of Appeals for the Second Circuit · 1923
- Goldman v. CommissionerUnited States Board of Tax Appeals · 1929