GREEN, Judge.
The controversy in this case is with reference to a dividend declared by the plaintiff and entered upon its books to the credit of one D. J. Kennedy, under the heading "Dividends payable, D. J. Kennedy," but not actually paid during the taxable years in question. The plaintiff claims that, as the money was used in the business, it was a part of the surplus or undivided profits of the company. The defendant, on the other hand, insists that it represented...
Let's get started
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.
