The respondent determined a deficiency in income tax against the petitioners for the taxable year 1953 in the amount of $139.86. The question for decision is whether a distribution received by petitioners in 1953 from the Northern Transit Company was a dividend within the meaning of section 115 of the Internal Revenue Code of 1939.
FINDINGS OF FACT.
Some of the facts have been stipulated and are found as stipulated...
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