ZIMMERMANN v. COMMISSIONER
United States Board of Tax Appeals
Where a husband sold securities through a broker at the market price to his sife, and she sold other securities through the same broker at the market price to her husband; each spouse having ample funds in his own name to pay for the securities so purchased; each spouse having a separate account with the broker; each spouse maintaining separate books of account and the sales in each case being conducted in the usual manner; there being no agreement for return of purchase…
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Where a husband sold securities through a broker at the market price to his sife, and she sold other securities through the same broker at the market price to her husband; each spouse having ample funds in his own name to pay for the securities so purchased; each spouse having a separate account with the broker; each spouse maintaining separate books of account and the sales in each case being conducted in the usual manner; there being no agreement for return of purchase price, for repurchase or reacquisition, and there being actually no reacquisition of any such securities by either…
1Opinion of the Court
JOHN E. ZIMMERMANN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
SARAH A. F. ZIMMERMANN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
ZIMMERMANN v. COMMISSIONER
Docket Nos. 82491, 82488.
United States Board of Tax Appeals
36 B.T.A. 279; 1937 BTA LEXIS 735;
July 13, 1937, Promulgated
Where a husband sold securities through a broker at the market price to his sife, and she sold other securities through the same broker at the market price to her husband; each spouse having ample funds in his own name to pay for the securities so purchased; each spouse having a separate…
2Cases cited13 opinions
- Poe v. SeabornSupreme Court of the United States · 1930
- Mitchell v. CommissionerUnited States Board of Tax Appeals · 1935
- Hooper v. CommissionerUnited States Board of Tax Appeals · 1932
- Uihlein v. CommissionerUnited States Board of Tax Appeals · 1934
- Burton v. CommissionerUnited States Board of Tax Appeals · 1933
8 more not listed; retrieve them via the Exa API.