1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 23 T.C.M.
  5. 23 T.C.M. 711 (1964)
 

VANTRESS v. COMMISSIONER

Docket No. 93720.

23 T.C.M. 711 (1964)

T.C. Memo. 1964-123

Charles D. Vantress and Jane F. Vantress v. Commissioner.

United States Tax Court.

Filed May 4, 1964.

Attorney(s) appearing for the Case

Earle B. May, Jr., and Edward R. Kane, Haas-Howell Bldg., Atlanta, Ga., for the petitioners. George W. Calvert, for the respondent.

Memorandum Findings of Fact and Opinion

FISHER, Judge:

Respondent determined a deficiency in income tax of petitioners in the amount of $331,591.61 for 1956.

The only issue to be determined is whether or not petitioners received ordinary income (dividends) in the amount of $526,000 for 1956 on the sale and redemption of 6 percent debenture bonds of Chas. Vantress Farms, Inc.

Findings of Fact

The stipulated facts are found accordingly...

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