Forrester v. Commissioner
United States Board of Tax Appeals
From April to June 1929 petitioner purchased through his broker, on margin, 1,600 shares of common stock of the P Corporation, certificates for which were delivered to him on July 8 and July 20. On July 16 he purchased through the same broker, also on margin, 3,000 shares of the same stock.
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From April to June 1929 petitioner purchased through his broker, on margin, 1,600 shares of common stock of the P Corporation, certificates for which were delivered to him on July 8 and July 20. On July 16 he purchased through the same broker, also on margin, 3,000 shares of the same stock. Thereafter, on various dates from October 26 through December 27, petitioner delivered to his broker, to be placed in his margin account, 1,100 of the 1,600 shares purchased by him earlier in 1929, 900 shares purchased before June 1927, and 300 shares purchased after July 17, 1929. On various dates between…
1Opinion of the Court
W. A. FORRESTER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Forrester v. Commissioner
Docket No. 73591.
United States Board of Tax Appeals
32 B.T.A. 745; 1935 BTA LEXIS 898;
June 11, 1935, Promulgated
From April to June 1929 petitioner purchased through his broker, on margin, 1,600 shares of common stock of the P Corporation, certificates for which were delivered to him on July 8 and July 20. On July 16 he purchased through the same broker, also on margin, 3,000 shares of the same stock. Thereafter, on various dates from October 26 through December 27, petitioner delivered to his…
2Cases cited8 opinions
- Hedrick v. CommissionerUnited States Board of Tax Appeals · 1931
- Snyder v. CommissionerUnited States Board of Tax Appeals · 1930
- Stryker v. CommissionerUnited States Board of Tax Appeals · 1930
- Weis v. CommissionerUnited States Board of Tax Appeals · 1934
- Turner v. CommissionerUnited States Board of Tax Appeals · 1932
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