Legal Opinion
Jack O. Chertkof and Sophie Chertkof v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided May 21, 1981No. 80-1221PublishedCited by 20 opinions
1Opinion of the Court
SPROUSE, Circuit Judge:
This is an appeal by Jack O. Chertkof (“Taxpayer”) and Sophie Chertkof, his wife (jointly “Taxpayers”), from a decision of the United States Tax Court finding that they are liable for the tax on a corporate distribution in redemption of shares of stock at ordinary income rates.
The Taxpayer, his father, David W. Chertkof, and W. J. Smith organized the E & T Realty Company in 1941, which constructed, owned and operated the Essex Shopping Center, a complex of retail stores in Baltimore County, Maryland. Taxpayer owned 20 percent of E & T’s stock; his father and Smith each…
2Cases cited11 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Dewitt Truck Brokers, Inc. v. W. Ray Flemming Fruit Company and W. Ray FlemmingCourt of Appeals for the Fourth Circuit · 1976
- United States v. Morris C. Goldberg, Also Known as Moe Goldberg and M. C. GoldbergCourt of Appeals for the Third Circuit · 1964
- Yagoda v. CommissionerUnited States Tax Court · 1962
6 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Whitehouse Hotel L.P. v. Comm'rUnited States Tax Court · 2008
- Chertkof v. United StatesCourt of Appeals for the Fourth Circuit · 1982
- Samuel M. Longiotti Betty C. Longiotti v. United StatesCourt of Appeals for the Fourth Circuit · 1987
- Cerone v. CommissionerUnited States Tax Court · 1986
- Milton I. Schwartz Nina Schwartz v. United StatesCourt of Appeals for the Ninth Circuit · 1995
15 more not listed; retrieve them via the Exa API.