ESTATE OF VAN HEUSDEN v. C. I. R.

No. 23170.

369 F.2d 119 (1966)

ESTATE of E. J. VAN HEUSDEN, Deceased Transferee et al., Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Fifth Circuit.

November 14, 1966.


Attorney(s) appearing for the Case

S. J. Foosaner, Newark, N. J., for petitioners.

Richard M. Roberts, Acting Asst. Atty. Gen., Lee A. Jackson, Atty., Dept. of Justice, Mitchell Rogovin, Chief Counsel, I.R.S., Richard P. Milloy, Atty., I.R.S., Harry Baum, Atty., Dept. of Justice, Albert J. Beveridge, III, Washington, D. C., for respondent.

Before TUTTLE, Chief Judge, and BROWN and GODBOLD, Circuit Judges.


TUTTLE, Chief Judge:

This is an appeal by the appellants, as transferees, of a corporation, West Cocoa Acres, Inc., now liquidated, from a decision of the Tax Court establishing an income tax deficiency for the taxable year 1958, against the corporation in the amount of $65,608.01. The findings of fact and opinion of the Tax Court are reported at 44 T.C. 491.

The question presented here is whether the Tax Court correctly held...

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