The taxes in controversy are income taxes for the calendar year 1944 and the amount in dispute is $14,774.88, or the entire amount of the deficiency as determined by respondent. The only issue is whether for the purpose of measuring the holding period of stock acquired by the exercise of an option the day of acquisition of the stock should be counted.
Petitioner's return for the taxable year involved herein was filed with the collector of internal revenue for the...
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