KOCH v. COMMISSIONER
United States Board of Tax Appeals
A redemption in 1928 of stock owned by petitioner held not to have been made under circumstances essentially equivalent to the distribution of a taxable dividend so as to make the whole amount distributed in redemption of the stock taxable as a dividend under the provisions of section 115(g) of the 1928 Act.
1Opinion of the Court
HARRY A. KOCH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
KOCH v. COMMISSIONER
Docket No. 55318.
United States Board of Tax Appeals
26 B.T.A. 1025; 1932 BTA LEXIS 1201;
September 26, 1932, Promulgated
A redemption in 1928 of stock owned by petitioner held not to have been made under circumstances essentially equivalent to the distribution of a taxable dividend so as to make the whole amount distributed in redemption of the stock taxable as a dividend under the provisions of section 115(g) of the 1928 Act.
George E. H. Goodner, Esq., for the petitioner.
Lloyd W. Creason, Esq., for…
2Cases cited1 opinion
- KOCH v. COMMISSIONERUnited States Board of Tax Appeals · 1932