KIRSCHENBAUM v. COMMISSIONER OF INTERNAL REVENUE

Nos. 69, 70.

155 F.2d 23 (1946)

KIRSCHENBAUM v. COMMISSIONER OF INTERNAL REVENUE. BANNER v. SAME.

Circuit Court of Appeals, Second Circuit.

April 8, 1946.


Attorney(s) appearing for the Case

Ferdinand Tannenbaum, of New York City, for the petitioners.

Morton K. Rothschild, of Washington, D. C., for the respondent.

Before L. HAND, CLARK, and FRANK, Circuit Judges.


L. HAND, Circuit Judge.

The petitioners appeal from orders of the Tax Court which assessed deficiencies in income tax against them for the year 1941. The question is whether shares of stock held by them and transferred to the corporation, were thereby "cancelled or redeemed," and whether payments, made in exchange out of the corporation's accumulated earnings, were distributions "essentially equivalent to the distribution of the taxable dividends," under § 115...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases