1. Home
  2. Browse Decisions
  3. Mass.
  4. 369 Mass.
  5. 369 Mass. 786 (1976)
 

FORTE INVESTMENT FUND v. STATE TAX COMMISSION

369 Mass. 786 (1976)

343 N.E.2d 420

FORTE INVESTMENT FUND vs. STATE TAX COMMISSION.

Supreme Judicial Court of Massachusetts, Suffolk.

March 1, 1976.

Attorney(s) appearing for the Case

Joseph C. Kennedy, Jr., for the taxpayer.

Howard Whitehead, Assistant Attorney General, for the State Tax Commission.

Present: REARDON, QUIRICO, BRAUCHER, KAPLAN, & WILKINS, JJ.

WILKINS, J.

The Forte Investment Fund (taxpayer), a Massachusetts trust with transferable shares, appeals from a decision of the Appellate Tax Board (board) which disallowed certain deductions claimed in the taxpayer's 1971 income tax return. The taxpayer was engaged in investing in stocks, bonds, and real estate for the benefit of its shareholders. The board found that the taxpayer was not "a broker or trader for the public...

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