Reports of the U.S. Board of Tax Appeals, Volume 24U.S. Government Printing Office, 1932 - Taxation |
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Results 1-5 of 100
Page 14
... consideration ) , adopted in consequence thereof on March 3 , 1931 , it is apparent that section 202 ( a ) ( 3 ) of the 1921 Act is not applicable to this transfer in trust . Since neither paragraph ( a ) ( 2 ) nor paragraph ( a ) ( 3 ) ...
... consideration ) , adopted in consequence thereof on March 3 , 1931 , it is apparent that section 202 ( a ) ( 3 ) of the 1921 Act is not applicable to this transfer in trust . Since neither paragraph ( a ) ( 2 ) nor paragraph ( a ) ( 3 ) ...
Page 18
... consideration ; that it received defi- nite tangible advantages therefrom ; and that it was by every test a proper business expense . Hirsch - Weis Manufacturing Co. , 14 B. T. A. 796 . The second item in controversy is the payment made ...
... consideration ; that it received defi- nite tangible advantages therefrom ; and that it was by every test a proper business expense . Hirsch - Weis Manufacturing Co. , 14 B. T. A. 796 . The second item in controversy is the payment made ...
Page 19
... consideration of Metro assuming certain indebtedness for deposits made by exhibitors , canceling debts owed Metro by Exchange and Owner , and paying to Owner $ 148,579.42 in stock of Loew , Inc. , at $ 30 per share and 20 per cent of ...
... consideration of Metro assuming certain indebtedness for deposits made by exhibitors , canceling debts owed Metro by Exchange and Owner , and paying to Owner $ 148,579.42 in stock of Loew , Inc. , at $ 30 per share and 20 per cent of ...
Page 21
... consideration . The evidence does not disclose whether or not the taxpayer had any other assets or what was done with any that it might have had . But it clearly appears that the Loew , Inc. , stock was delivered to the Ameri- ran ...
... consideration . The evidence does not disclose whether or not the taxpayer had any other assets or what was done with any that it might have had . But it clearly appears that the Loew , Inc. , stock was delivered to the Ameri- ran ...
Page 27
... consideration . There is nothing in the record to indicate that the vendor could not have obtained delivery of the entire consideration at or about that time . The fact that the certificates for the 12,000 shares of the Fensland Oil ...
... consideration . There is nothing in the record to indicate that the vendor could not have obtained delivery of the entire consideration at or about that time . The fact that the certificates for the 12,000 shares of the Fensland Oil ...
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acquired agreed agreement alleged allowed Amalgamated Sugar Company amount assessment assets basis beneficiaries Board bonds capital stock cash cent Centaur Company claimed COMMISSIONER OF INTERNAL common stock computing contract corporation cost Court death debts decedent December 31 deduction depletion depreciation determined disallowed distribution dividends Docket Executors expenses February 28 filed FINDINGS OF FACT follows gifts inter vivos gross income held included income tax income-tax return interest INTERNAL REVENUE inventory invested capital issue January June 30 lease lessee lessor liability Loew's Incorporated loss Lumber March ment net income operating opinion paid par value parties partnership payment period peti petitioner petitioner contends petitioner's preferred stock prior proceeding profits purchase Railroad real estate received respect respondent respondent's Revenue Act Robert Pitman Rule 50 shares sold statute stipulated stockholders supra surplus taxable income taxpayer thereof thereto tion tioner transfer trust wife