Roberts v. Commissioner
United States Tax Court
Redemption of entire block of corporate stock formerly owned by petitioner's brother and bequeathed by him to petitioner, the surviving shareholder, held, on all facts, not a distribution essentially equivalent to a dividend under section 115 (g), Internal Revenue Code.
1Opinion of the Court
John T. Roberts and Florence V. Roberts, Petitioners, v. Commissioner of Internal Revenue, Respondent
Roberts v. Commissioner
Docket No. 24285
United States Tax Court
17 T.C. 1415; 1952 U.S. Tax Ct. LEXIS 260;
February 29, 1952, Promulgated
Decision will be entered under Rule 50.
Redemption of entire block of corporate stock formerly owned by petitioner's brother and bequeathed by him to petitioner, the surviving shareholder, held, on all facts, not a distribution essentially equivalent to a dividend under section 115 (g), Internal Revenue Code.
Stanley Worth, Esq., and Edward S. Smith, Esq., for the…
2Cases cited2 opinions
- Marie W. F. Nugent-Head Trust v. CommissionerUnited States Tax Court · 1951
- Roberts v. CommissionerUnited States Tax Court · 1952