Appellate Division of the Supreme Court of New York, 1954

Reiffe v. Reiffe

Reiffe v. Reiffe
Appellate Division of the Supreme Court of New York · Decided June 21, 1954
283 A.D. 1051; 131 N.Y.S.2d 875
Reiffe v. Reiffe

Opinion of the Court

Order unanimously affirmed, with $20 costs and disbursements to the respondent. With respect to one particular there was some ambiguity in the order but that was resolved by the stipulation in open court, so that, regardless of how or when incurred, the plaintiff is liable for the capital gains tax attributable to him based upon his withdrawal of capital from the corporation. Present — Callahan, J. P., Breitel, Bastow, Botein and Bergan, JJ.

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