Legal Opinion
Frischkorn Development Company v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided March 11, 1937No. 7139PublishedCited by 8 opinions
1Opinion of the Court
ALLEN, Circuit Judge.
The court being of opinion that it is a question of fact whether the promissory note and the shares of stock received by the Frischkorn Homes Company as consideration for the transfer of all of its assets to the petitioner had a readily realizable market value within the meaning of section 202 (c) of the Revenue Act of 1921, 42 Stat. 229; and it appearing that it is a question of fact whether the taxpayer has expended all of the money received for real property taken in condemnation proceedings in the purchase of other property similar and related in use [section 203 (b)…
2Cases cited3 opinions
- Helvering v. RankinSupreme Court of the United States · 1935
- Old Mission Portland Cement Co. v. HelveringSupreme Court of the United States · 1934
- Tracy v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1931
3Cited by8 opinions
- Gamble v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1939
- Zanuck v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1945
- Kennebec Box & Lumber Co. v. CommissionerCourt of Appeals for the First Circuit · 1948
- Commissioner of Internal Revenue v. Frank W. BabcockCourt of Appeals for the Ninth Circuit · 1958
- Ovider Realty Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1951
3 more not listed; retrieve them via the Exa API.