Geoghegan v. Commissioner
United States Board of Tax Appeals
When a taxpayer sells a portion of his shares in a corporation, the delivery of the earlier acquired certificates is evidence of his intention to sell the earlier acquired shares.
1Opinion of the Court
A. D. GEOGHEGAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
MRS. A. D. GEOGHEGAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Geoghegan v. Commissioner
Docket Nos. 64134, 64135.
United States Board of Tax Appeals
31 B.T.A. 93; 1934 BTA LEXIS 1166;
August 14, 1934, Promulgated
When a taxpayer sells a portion of his shares in a corporation, the delivery of the earlier acquired certificates is evidence of his intention to sell the earlier acquired shares.
Justin V. Wolff, Esq., for the petitioners.
Frank B. Schlosser, Esq., for the respondent.
STERNHAGEN
The Commissioner…
2Cases cited1 opinion
- Geoghegan v. CommissionerUnited States Board of Tax Appeals · 1934