It appearing that appellant sued to recover income taxes alleged to have been erroneously assessed for the tax year 1932; that appellant claimed a deduction for loss in said year sustained in consequence of a sale of shares of stock to two of its stockholders who owned all of its 100 shares of capital stock, except 6 issued to their wives to qualify them as incorporators; that said stockholders had been partners...
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.