Memorandum Findings of Fact and Opinion
ARNOLD, Judge:
This proceeding involves a deficiency in income tax for the year 1944 of $3,985. The sole issue is whether cash received by petitioner in connection with an exchange of farm properties was taxable to petitioner in 1944 as gain from a sale or exchange of capital assets.
Findings of Fact
Petitioner is an individual engaged in the business of cotton ginning and farming. He owns approximately...
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.
