Lord v. Commissioner
United States Board of Tax Appeals
Petitioner's right to receive corporate stock was initiated while he was domiciled in the State of Oregon. His removal to the State of Washington before receipt of the stock did not change the character of it from separate to community property, and the income represented by the proceeds of the sale of the stock was taxable to petitioner as his separate income.
1Opinion of the Court
ROBERT H. LORD, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Lord v. Commissioner
Docket No. 59385.
United States Board of Tax Appeals
30 B.T.A. 425; 1934 BTA LEXIS 1329;
April 18, 1934, Promulgated
Petitioner's right to receive corporate stock was initiated while he was domiciled in the State of Oregon. His removal to the State of Washington before receipt of the stock did not change the character of it from separate to community property, and the income represented by the proceeds of the sale of the stock was taxable to petitioner as his separate income.
Ralph H. Cake, Esq., for…
2Cases cited1 opinion
- Lord v. CommissionerUnited States Board of Tax Appeals · 1934