Leasehold Realty Co. v. Commissioner
United States Board of Tax Appeals
Certain instruments denominated preferred stock issued by the taxpayer corporation, under their terms and conditions, held to be preferred stock and not evidence of indebtedness.
1Opinion of the Court
APPEAL OF LEASEHOLD REALTY CO.
Leasehold Realty Co. v. Commissioner
Docket No. 1727.
United States Board of Tax Appeals
3 B.T.A. 1129; 1926 BTA LEXIS 2493;
March 31, 1926, Decided Submitted August 20, 1925.
Certain instruments denominated preferred stock issued by the taxpayer corporation, under their terms and conditions, held to be preferred stock and not evidence of indebtedness.
George F. Killinger, Esq., for the taxpayer.
B. H. Saunders, Esq., for the Commissioner.
LOVE
Before MARQUETTE, MORRIS, GREEN, and LOVE.
This is an appeal from the determination of a deficiency in income taxes for the years…
2Cases cited1 opinion
- Leasehold Realty Co. v. CommissionerUnited States Board of Tax Appeals · 1926