SOKOL v. COMMISSIONER

Docket No. 52927.

25 T.C. 1134 (1956)

IRVING S. SOKOL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed February 29, 1956.


Attorney(s) appearing for the Case

George B. Lourie, Esq., for the petitioner.

Joseph Landis, Esq., for the respondent.


The Commissioner determined a deficiency in petitioner's income tax for 1947 in the amount of $2,886.84. The sole issue presented is whether $5,000 paid by petitioner to the other two stockholders of a corporation so that they would permit the corporation to use a valuable leasehold which they held was an additional capital contribution or the purchase price of an interest in the lease amortizable over the term thereof.

...

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