Standard Fuel & Material Co. v. Commissioner
United States Board of Tax Appeals
Held, the Commissioner of Internal Revenue correctly determined the cost base of corporation stock which the petitioner sold in the taxable year.
1Opinion of the Court
STANDARD FUEL & MATERIAL COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Standard Fuel & Material Co. v. Commissioner
Docket No. 47015.
United States Board of Tax Appeals
29 B.T.A. 51; 1933 BTA LEXIS 1006;
September 26, 1933, Promulgated
Held, the Commissioner of Internal Revenue correctly determined the cost base of corporation stock which the petitioner sold in the taxable year.
Allan Muddiman, C.P.A., for the petitioner.
Thomas F. Callahan, Esq., for the respondent.
LANSDON
OPINION.
LANSDON: The dispute submitted to us in this appeal relates to income taxes for the fiscal year…
2Cases cited1 opinion
- Standard Fuel & Material Co. v. CommissionerUnited States Board of Tax Appeals · 1933