Bass v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
1Opinion of the Court
MAGRUDER, Circuit Judge.
Edith B. Bass, petitioner herein, brings for review a decision of the Board of Tax Appeals upholding the Commissioner’s determination that there is a deficiency of $150,596.51 in petitioner’s income tax for the calendar year 1937. Rractically the entire amount of the deficiency resulted from a ruling that an issue of preferred stock by Bird & Son, Inc. to its shareholders incident to a readjustment of the corporation’s capital structure constituted a taxable stock dividend under the Revenue Act of 1936, 49 Stat. 1648. Relevant provisions of the Act are copied in the…
Also in this document: Dissent.
2Cases cited18 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- United States v. PhellisSupreme Court of the United States · 1921
- Helvering v. Southwest Consolidated Corp.Supreme Court of the United States · 1942
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3Cited by9 opinions
- Van Norman Co. v. WelchCourt of Appeals for the First Circuit · 1944
- Com'r of Internal Revenue v. Capento Securities Corp.Court of Appeals for the First Circuit · 1944
- Bartlett v. DelaneyCourt of Appeals for the First Circuit · 1949
- Charles Sumner Bird v. United StatesCourt of Appeals for the First Circuit · 1957
- Putnam v. United StatesCourt of Appeals for the First Circuit · 1945
4 more not listed; retrieve them via the Exa API.