Rufus F. And Marguerite H. Turner v. Commissioner of Internal Revenue
U.S. Court of Appeals for the Fourth Circuit
Rufus F. And Marguerite H. Turner v. Commissioner of Internal Revenue, 343 F.2d 150 (4th Cir. 1965)
15 A.F.T.R.2d (RIA) 617; 1965 U.S. App. LEXIS 6299
Rufus F. And Marguerite H. Turner v. Commissioner of Internal Revenue
Opinion
This case was here in 1962 (4 Cir., 308 F.2d 94) and remanded to the Tax Court to ascertain the value of certain shares of stock of Cash Produce Company, received by the taxpayer in 1957. The present appeal is from the Tax Court’s determination that the stock was worth $50.00 per share. Our review of the record and a consideration of the briefs and oral arguments convince us that this determination is well supported and should not be disturbed, for we are far from prepared to say that it is clearly erroneous.
Affirmed.
Reference
- Full Case Name
- Rufus F. and Marguerite H. TURNER, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent
- Cited By
- 1 case
- Status
- Published