Opinion
FEATHERSTON, Judge:
Respondent determined a deficiency in petitioners' Federal income tax for 1966 in the amount of $5,573.71. The sole issue to be decided is whether petitioners realized dividend income as the result of a series of transactions whereby they contributed 51 percent of the stock of a corporation to a church and the corporation thereafter distributed a residence to the church in redemption of such stock.
Walter R. Carrington...
Let's get started
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.
