K-C LAND COMPANY, INC. v. COMMISSIONER

Docket No. 67050.

19 T.C.M. 183 (1960)

T.C. Memo. 1960-35

K-C Land Company, Inc., a Florida corporation v. Commissioner.

United States Tax Court.

Filed February 29, 1960.


Attorney(s) appearing for the Case

Amos E. Jackson, Esq., 312 Royal Palm Way, Palm Beach, Fla., for the petitioner. Robert O. Rogers, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TIETJENS, Judge:

The respondent determined deficiencies in corporation income tax for the taxable years ended December 31 in 1950, 1951 and 1953 in the respective amounts of $2,277.58, $5,892.22 and $12,073.33. These deficiencies were based upon a determination that operations under the corporate name involving the purchase and sale of lands, an oil and gas lease and corporation stock and distribution of the proceeds...

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