Green v. Commissioner
United States Board of Tax Appeals
1. Upon the condemnation by a city of a portion of the property owned by a corporation, it was awarded a sum of money for the land taken and for the improvements thereon. An additional sum was awarded as severance damages, or damages to the remaining property, and an assessment was levied against the remaining property, which was benefited by the improvement.
Read the full summary
1. Upon the condemnation by a city of a portion of the property owned by a corporation, it was awarded a sum of money for the land taken and for the improvements thereon. An additional sum was awarded as severance damages, or damages to the remaining property, and an assessment was levied against the remaining property, which was benefited by the improvement. The corporation paid the assessment by delivering to the city a receipt for the amount of the assessment and the balance of the award was paid to it. Held, following Christian Ganahl Co. v. Commissioner, 91 Fed.(2d) 343, that the amount…
1Opinion of the Court
CALVIN C. GREEN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Green v. Commissioner
Docket No. 87639.
United States Board of Tax Appeals
37 B.T.A. 25; 1938 BTA LEXIS 1097;
January 7, 1938, Promulgated
1. Upon the condemnation by a city of a portion of the property owned by a corporation, it was awarded a sum of money for the land taken and for the improvements thereon. An additional sum was awarded as severance damages, or damages to the remaining property, and an assessment was levied against the remaining property, which was benefited by the improvement. The corporation paid the…
2Cases cited3 opinions
- Turks Head Club v. BroderickCourt of Appeals for the First Circuit · 1948
- Christian Ganahl Co. v. CommissionerUnited States Board of Tax Appeals · 1936
- Green v. CommissionerUnited States Board of Tax Appeals · 1938