(DOWNLOAD) "Commissioner of Internal Revenue v. Segall" by United States Court Of Appeals For The Sixth Circuit # eBook PDF Kindle ePub Free

February 17, 2021

eBook details

Title: Commissioner of Internal Revenue v. Segall
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 16, 1940
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 67 KB

Description

The Commissioner of Internal Revenue asserted deficiencies in respondents taxes for the year 1932, on the theory that certain transactions that eventuated in the dissolution of the Silent Automatic Company constituted a sale of its assets to the Timken-Detroit Company, and that respondents are liable as transferees for taxes upon that part of the profit distributed to them as stockholders. The Board of Tax Appeals held, in accordance with respondents contentions, that the transactions constituted a tax-free reorganization, and the Commissioner now petitions for review of that decision. On motion of the Commissioner and with respondents consesnt, we ordered that the two cases be consolidated.