Atkins v. Commissioner
United States Board of Tax Appeals
On May 3, 1923, the decedent, then living in Shreveport, Louisiana, drew a draft upon his broker in Philadelphia in the amount of $32,500 and deposited same for collection, to which were attached certificates for 26,000 shares of stock of the Shreveport Producing & Refining Corporation; on May 15, 1923, he deposited a like draft drawn upon the broker for $29,177.50, to which were attached certificates for 23,342 shares of stock of the same corporation; on May 12, 1923, and…
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On May 3, 1923, the decedent, then living in Shreveport, Louisiana, drew a draft upon his broker in Philadelphia in the amount of $32,500 and deposited same for collection, to which were attached certificates for 26,000 shares of stock of the Shreveport Producing & Refining Corporation; on May 15, 1923, he deposited a like draft drawn upon the broker for $29,177.50, to which were attached certificates for 23,342 shares of stock of the same corporation; on May 12, 1923, and again on May 21, 1923, the decedent loaned to an associate money for the repurchase of these shares from the broker at an…
1Opinion of the Court
MRS. J. B. ATKINS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
MRS. J. B. ATKINS, ADMINISTRATRIX, ESTATE OF J. B. ATKINS, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Atkins v. Commissioner
Docket Nos. 38519, 38520.
United States Board of Tax Appeals
28 B.T.A. 500; 1933 BTA LEXIS 1114;
June 22, 1933, Promulgated
On May 3, 1923, the decedent, then living in Shreveport, Louisiana, drew a draft upon his broker in Philadelphia in the amount of $32,500 and deposited same for collection, to which were attached certificates for 26,000 shares of stock of the…
2Cases cited1 opinion
- Atkins v. CommissionerUnited States Board of Tax Appeals · 1933