Snyder v. Commissioner
United States Board of Tax Appeals
Where petitioner bought and sold stock without identifying the particular lots, gain or loss on sales is to be computed on the basis of the cost of the earliest purchases. John A. Snyder,20 B.T.A. 778; affd., 54 Fed.(2d) 57.
1Opinion of the Court
JOHN A. SNYDER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Snyder v. Commissioner
Docket No. 49721.
United States Board of Tax Appeals
29 B.T.A. 39; 1933 BTA LEXIS 1015;
September 14, 1933, Promulgated
Where petitioner bought and sold stock without identifying the particular lots, gain or loss on sales is to be computed on the basis of the cost of the earliest purchases. John A. Snyder,20 B.T.A. 778; affd., 54 Fed.(2d) 57.
Henry M. Ward, Esq., and Harry A. Fellows, Esq., for the petitioner.
R. W. Wilson, Esq., and W. W. Kerr, Esq., for the respondent.
ARUNDELL
OPINION.
ARUNDELL: The…
2Cases cited2 opinions
- Snyder v. CommissionerUnited States Board of Tax Appeals · 1930
- Snyder v. CommissionerUnited States Board of Tax Appeals · 1933