Ashby v. Commissioner
United States Tax Court
Petitioner, a licensed real estate broker, was the successful bidder for certain parcels of real estate sold by Polk County, Iowa, for delinquent taxes in 1951 to 1955, inclusive, for which he received certificates of purchase, subject to redemption by the owner of the real estate within the period provided by the Iowa statutes upon the payment of the amount originally paid by petitioner, plus 4-percent penalty, plus 6-percent interest on the whole amount, including taxes…
Read the full summary
Petitioner, a licensed real estate broker, was the successful bidder for certain parcels of real estate sold by Polk County, Iowa, for delinquent taxes in 1951 to 1955, inclusive, for which he received certificates of purchase, subject to redemption by the owner of the real estate within the period provided by the Iowa statutes upon the payment of the amount originally paid by petitioner, plus 4-percent penalty, plus 6-percent interest on the whole amount, including taxes for subsequent years paid by petitioner and penalties thereon. One hundred eleven of such parcels for which petitioner had…
1Opinion of the Court
Paul K. Ashby and Gretchen G. Ashby, Petitioners, v. Commissioner of Internal Revenue, Respondent
Ashby v. Commissioner
Docket No. 82050
United States Tax Court
37 T.C. 92; 1961 U.S. Tax Ct. LEXIS 49;
October 26, 1961, Filed
Decision will be entered for the respondent.
Petitioner, a licensed real estate broker, was the successful bidder for certain parcels of real estate sold by Polk County, Iowa, for delinquent taxes in 1951 to 1955, inclusive, for which he received certificates of purchase, subject to redemption by the owner of the real estate within the period provided by the Iowa statutes upon…
Also in this document: Concurrence.
2Cases cited14 opinions
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Thrift v. CommissionerUnited States Tax Court · 1950
- Snell v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1938
- Eline Realty Co. v. CommissionerUnited States Tax Court · 1960
- Boomhower v. United StatesDistrict Court, N.D. Iowa · 1947
9 more not listed; retrieve them via the Exa API.