EVANS, Circuit Judge.
The Commissioner assessed, and the Tax Court sustained, a deficiency income tax of $1,895.83, against petitioner for the year 1939. From such adjudication, this appeal is prosecuted.
The controversy turns upon the status and effect of a $240,456 stock dividend made by petitioner, December 31, 1920.
The facts: The facts are stipulated, and as stipulated, were found by the Tax Court.
After February 28, 1913, and before December...
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.
