BAIRD v. COMMISSIONER

Docket No. 5794-65.

31 T.C.M. 299 (1972)

T.C. Memo. 1972-75

David G. Baird and Mildred B. Baird v. Commissioner.

United States Tax Court.

Filed March 27, 1972.


Attorney(s) appearing for the Case

Murray Gartner, 777 Third Ave., New York, N.Y., and Justin N. Feldman, for the petitioners. Rudolph J. Korbel, for the respondent.


Memorandum Opinion

TANNENWALD, Judge:

This case is before us again on remand from the United States Court of Appeals for the Third Circuit. We originally held that a purported large charitable contribution of shares of stock by an unrelated partnership to an exempt charitable foundation, with which petitioner and his family were intimately connected, was in fact compensation for services rendered by petitioner...

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