Legal Opinion
Gowran v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided December 22, 1936No. 5801PublishedCited by 12 opinions
1Opinion of the Court
LINDLEY, District Judge.
Petitioner seeks a review of a decision of the Board of Tax Appeals approving respondent’s assessment of a deficiency income tax against petitioner for the year 1929.
Throughout 1929 petitioner was a holder of common stock in the Hamilton Manufacturing Company. On July 1st of that year, the corporation declared a dividend on the common stock of $14 per share and paid the same by distribution of shares of the corporation’s preferred stock, at the par value of $100 per share. As his dividend, petitioner received 533 shares. Previously he had held only common stock. At the…
2Cases cited12 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Towne v. EisnerSupreme Court of the United States · 1918
- Koshland v. HelveringSupreme Court of the United States · 1936
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
7 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Lillian Bernstein, of the Estate of Kalman Bernstein, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
- Saigh v. CommissionerUnited States Tax Court · 1961
- Graphic Press, Inc. v. CommissionerUnited States Tax Court · 1973
- Weiss v. JohnsonCourt of Appeals for the Second Circuit · 1953
- Strassburger v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1941
7 more not listed; retrieve them via the Exa API.