FULTON IRON WORKS COMPANY v. COMMISSIONER

Docket No. 13077.

7 T.C.M. 22 (1948)

Fulton Iron Works Company v. Commissioner.

United States Tax Court.

Entered January 23, 1948.


Attorney(s) appearing for the Case

Davis Haskin, Esq., 1705 Olive St., St. Louis, Mo., for the petitioner. George E. Gibson, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner determined deficiencies of $73,706.32 and $47,924.29 in excess profits taxes for the taxable years ended June 30 in 1942 and 1943. The questions for decisions are:

(1) What was the fair market value of the common stock of the petitioner on May 15, 1917?

(2) What is the equity invested capital of the petitioner with regard to the shares of stock issued by it on May 15, 1917?

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