Braxton v. Commissioner
United States Board of Tax Appeals
A corporate dividend declared and payable in 1927, check for which was mailed in 1927 and received by the stockholder in 1928, held within stockholder's gross income of 1927. Commissioner v. Bingham, 35 Fed.(2d) 503, followed. Cecil Q. Adams,20 B.T.A. 243, distinguished.
1Opinion of the Court
MARY MILLER BRAXTON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Braxton v. Commissioner
Docket No. 45436.
United States Board of Tax Appeals
22 B.T.A. 128; 1931 BTA LEXIS 2167;
February 12, 1931, Promulgated
A corporate dividend declared and payable in 1927, check for which was mailed in 1927 and received by the stockholder in 1928, held within stockholder's gross income of 1927. Commissioner v. Bingham, 35 Fed.(2d) 503, followed. Cecil Q. Adams,20 B.T.A. 243, distinguished.
Millard T. Charlton, Esq., for the petitioner.
Eugene Harpole, Esq., for the respondent.
STERNHAGEN
OPINION.
STER…
2Cases cited3 opinions
- Adams v. CommissionerUnited States Board of Tax Appeals · 1930
- Braxton v. CommissionerUnited States Board of Tax Appeals · 1931
- Bingham v. CommissionerUnited States Board of Tax Appeals · 1927