Gates v. Commissioner
United States Board of Tax Appeals
Liquidating dividend received in 1921 on stock which had been owned for more than two years prior thereto and held as an investment held not to be taxable as capital gain under section 206 of the Revenue Act of 1921.
1Opinion of the Court
PHILETUS W. GATES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Gates v. Commissioner
Docket No. 11618.
United States Board of Tax Appeals
9 B.T.A. 1133; 1928 BTA LEXIS 4293;
January 10, 1928, Promulgated
Liquidating dividend received in 1921 on stock which had been owned for more than two years prior thereto and held as an investment held not to be taxable as capital gain under section 206 of the Revenue Act of 1921.
Robert W. Schupp, Esq., for the petitioner.
A. H. Murray, Esq., for the respondent.
TRAMMELL
This is a proceeding for the redetermination of a deficiency of $4,881.06 for…
2Cases cited2 opinions
- Darrow v. CommissionerUnited States Board of Tax Appeals · 1927
- Gates v. CommissionerUnited States Board of Tax Appeals · 1928