Memorandum Findings of Fact and Opinion
TYSON, Judge:
The Commissioner determined a deficiency in income tax of $103,080 for the year 1929, and, finding that the deficiency was due to fraud with intent to evade tax, he added a penalty of $53,274.62. The deficiency arises from the following adjustments by the Commissioner: (1) The inclusion in income of $388,500, that amount being the fair market value of 111,000 shares of stock of the Bagdad Copper Corporation...
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.
