Hunt v. Commissioner
United States Board of Tax Appeals
Held, on the evidence, that the dividend received by the petitioner was a cash dividend and not a stock dividend.
1Opinion of the Court
*358OPINION.
Trammell:
The question involved in this appeal is whether the dividend paid by the Merchants Bakery, Inc., is a stock dividend or a cash dividend.
It is contended by the petitioner that his distributive share of the dividend declared by the company was a stock dividend to the extent of the amount which equaled the amount of the check drawn by him, which was not to be paid until the check of the corporation representing a dividend was deposited, and that only the amount of the cash received in excess of the check deposited by him represented a cash dividend.
The taxpayer relies in support…
2Cases cited25 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- United States v. PhellisSupreme Court of the United States · 1921
- Tax Commissioner v. PutnamMassachusetts Supreme Judicial Court · 1917
- Minot v. PaineMassachusetts Supreme Judicial Court · 1868
- J. J. McCaskill Co v. United StatesSupreme Court of the United States · 1910
20 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Paper v. CommissionerUnited States Board of Tax Appeals · 1933
- Wood v. CommissionerUnited States Board of Tax Appeals · 1934
- Brading v. CommissionerUnited States Board of Tax Appeals · 1929
- Crellin v. CommissionerUnited States Board of Tax Appeals · 1928
- Hunt v. CommissionerUnited States Board of Tax Appeals · 1926
3 more not listed; retrieve them via the Exa API.