United States Board of Tax Appeals, 1926

Appeal of Starrett

Appeal of Starrett
United States Board of Tax Appeals · Decided July 27, 1926 · Arundell, Sternhagen
4 B.T.A. 398
Appeal of Starrett

Cases that cite this one

1 later published case cites this decision.

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Opinion of the Court

*399OPINION.

ARuNdell

: For the reasons set forth in the Appeal of Walter T. Smith, this day decided, cmte, 397, we are satisfied that the value of the bonds of the Bowman Hotel Corporation, when received by petitioner in May, 1919, was not to exceed 50 per cent of the face value of the securities.

Order of redetermination will be entered on 15 days'1 notice, under Rule 50.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.