[Download] "Bass v. Commissioner of Internal Revenue." by United States Court of Appeals for the First Circuit # eBook PDF Kindle ePub Free
eBook details
- Title: Bass v. Commissioner of Internal Revenue.
- Author : United States Court of Appeals for the First Circuit
- Release Date : January 24, 1942
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
Edith B. Bass, petitioner herein, brings for review a decision of the Board of Tax Appeals upholding the Commissioners determination that there is a deficiency of $150,596.51 in petitioners income tax for the calendar year 1937. Practically the entire amount of the deficiency resulted from a ruling that an issue of preferred stock by Bird & Son, Inc. to its shareholders incident to a readjustment of the corporations capital structure constituted a taxable stock dividend under the Revenue Act of 1936, 49 Stat. 1648. Relevant provisions of the Act are copied in the footnote.