Memorandum Findings of Fact and Opinion
The Commissioner determined a deficiency of $4,031.79 in gift tax for 1942. The petitioner reported a gift of 300 shares of common stock of Wm. E. Hooper & Sons Company on December 30, 1942, at a value of $30,000. The Commissioner determined the value to be $67,500. The only issue for decision is the value of that gift.
Findings of Fact
The petitioner filed his gift tax return for 1942 with the collector...
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.
