Adler v. Commissioner
United States Board of Tax Appeals
The declaration of a preferred stock dividend by a corporation and its later redemption, under the facts here disclosed, was "essentially equivalent to the distribution of a taxable dividend" within the meaning of sections 201(g) and 115(g) of the Revenue Acts of 1926 and 1928, respectively.
1Opinion of the Court
opinion.
Moeris:
These consolidated proceedings are for the redetermination of the following deficiencies in income tax:
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The allegation of error common to all of these proceedings pertains to the inclusion in the taxable income of each of the respective petitioners, as a dividend, of the full amount received upon the retirement of certain capital stock in I. Epstein & Brother Co.
*898Another allegation of error, set forth in the proceeding of Leopold Adler, Docket No. 52629, was expressly abandoned by counsel at the hearing.
The petitioners, Leopold and Hannah G. Adler, Docket Nos. 49913…
2Cases cited6 opinions
- Avery v. CommissionerSupreme Court of the United States · 1934
- Brown v. CommissionerUnited States Board of Tax Appeals · 1932
- Hill v. CommissionerUnited States Board of Tax Appeals · 1932
- KOCH v. COMMISSIONERUnited States Board of Tax Appeals · 1932
- Curlee v. CommissionerUnited States Board of Tax Appeals · 1933
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Adler v. CommissionerUnited States Board of Tax Appeals · 1934
- Commissioner of Internal Revenue v. SullivanCourt of Appeals for the Fifth Circuit · 1954
- Commissioner of Internal Revenue v. SullivanCourt of Appeals for the Fifth Circuit · 1954
- Monk v. CommissionerUnited States Tax Court · 1947
- Natwick v. CommissionerUnited States Board of Tax Appeals · 1937
1 more not listed; retrieve them via the Exa API.