Davidson v. Commissioner
United States Board of Tax Appeals
1. Joint Resolution No. 88, 71st Congress, extending for one year the period of limitations in the case of taxpayers filing separate returns including community property, held constitutional. 2. The profit which the Commissioner determined that the petitioners realized from the sale of 20,000 shares of stock in 1927 may not be reduced on the theory that 6,000 of the shares belonged to another party nor on the theory that a portion of the proceeds belonged to or was paid for…
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1. Joint Resolution No. 88, 71st Congress, extending for one year the period of limitations in the case of taxpayers filing separate returns including community property, held constitutional. 2. The profit which the Commissioner determined that the petitioners realized from the sale of 20,000 shares of stock in 1927 may not be reduced on the theory that 6,000 of the shares belonged to another party nor on the theory that a portion of the proceeds belonged to or was paid for another party. 3. The profit which the petitioners realized from the sale of the stock may not be reduced by a basis of…
1Opinion of the Court
ADAM H. DAVIDSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
CLIFFORD DRAKE DAVIDSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Davidson v. Commissioner
Docket Nos. 60670, 60671.
United States Board of Tax Appeals
34 B.T.A. 479; 1936 BTA LEXIS 689;
April 30, 1936, Promulgated
1. Joint Resolution No. 88, 71st Congress, extending for one year the period of limitations in the case of taxpayers filing separate returns including community property, held constitutional.
2. The profit which the Commissioner determined that the petitioners realized from the sale of 20,000…
2Cases cited4 opinions
- Poe v. SeabornSupreme Court of the United States · 1930
- Graham & Foster v. GoodcellSupreme Court of the United States · 1931
- Hopkins v. BaconSupreme Court of the United States · 1930
- Davidson v. CommissionerUnited States Board of Tax Appeals · 1936