McEWAN v. COMMISSIONER

Docket No. 47511.

15 T.C.M. 128 (1956)

T.C. Memo. 1956-27

Allerton J. McEwan v. Commissioner.

United States Tax Court.

Filed January 31, 1956.


Attorney(s) appearing for the Case

Philip J. Smith, Esq., 350 Fifth Avenue, New York, N. Y., for the petitioner. James E. Markham, Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

RAUM, Judge:

The Commissioner determined a deficiency in income tax for the year 1947 in the amount of $15,929.17. Many of the facts have been stipulated by the parties and such facts are incorporated herein by reference as part of our findings.

The sole issue is the basis of 90 shares of stock of McEwan Brothers, a New Jersey corporation, which petitioner sold in 1947. He had acquired 87½ shares of that...

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