1. Home
  2. Browse Decisions
  3. T.C.
  4. 4 T.C.
  5. 4 T.C. 1120 (1945)
 

UPHAM v. COMMISSIONER

Docket Nos. 4022, 4129.

4 T.C. 1120 (1945)

SAMUEL A. UPHAM, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. ESTATE OF GEORGE F. CLARK, THE NORTHERN NEW YORK TRUST COMPANY, EXECUTOR, AND MINNIE F. CLARK, EXECUTRIX, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 12, 1945.

Attorney(s) appearing for the Case

Howard F. Farrington, C. P. A., for the petitioners.

Francis S. Gettle, Esq., for the respondent.

The respondent determined deficiencies in income tax for the year 1941, as follows: Samuel A. Upham, Docket No. 4022, $84,139.92, and estate of George F. Clark, Docket No. 4129, $32,482.44.

Both petitioners claim refunds. These proceedings have been consolidated. The only issue for determination is whether distributions made by the Brownville Paper Co. in 1941 to petitioners, who are stockholders, were distributions in partial liquidation of the company, or were distributions...

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