RUBBER RESEARCH INC. v. COMMISSIONER

Docket No. 419-67.

28 T.C.M. 118 (1969)

T.C. Memo. 1969-24

Rubber Research Inc., a Minnesota Corporation v. Commissioner.

United States Tax Court.

Filed February 3, 1969.


Attorney(s) appearing for the Case

Harry H. Peterson, 738 Midland Bank Bldg., Minneapolis, Minn., for the petitioner. Robert F. Cunningham, for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent determined a deficiency in petitioner's income tax for the taxable period ending March 31, 1962 in the amount of $65,480 and an addition to tax pursuant to section 6651(a)1 in the amount of $16,370. After certain concessions by petitioner, the principal issue is whether petitioner realized a gain upon the receipt of 136,500 shares of stock in a subsidiary in...

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