FISCHER v. COMMISSIONER

Docket No. 8737.

6 T.C.M. 520 (1947)

Fred F. Fischer v. Commissioner.

United States Tax Court.

Entered May 8, 1947.


Attorney(s) appearing for the Case

Gilbert Weiss, Esq., 1724 Arcade Bldg., St. Louis, Mo., for the petitioner. Lester M. Ponder, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The petitioner here seeks a redetermination of deficiencies in income taxes for the calendar years 1939 and 1941 in the respective amounts of $2,616.09 and $2,182.74.

Two questions are presented: first, whether the purchase and retirement by Fischer Meat Company of 250 shares of its stock held by another resulted in the distribution of a taxable dividend to the petitioner in 1939; second, whether petitioner is entitled...

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