Alexander v. Commissioner

22 T.C. 318, 1954 U.S. Tax Ct. LEXIS 206
United States Tax Court·Decided May 17, 1954·No. Docket Nos. 44169, 44170·Published·Cited by 4 cases

Opinions

OPINION.

We hold against petitioners on this issue. They have failed to prove that the cows were held for breeding or dairy purposes and the length of time held. We find no basis for finding that petitioners were entitled to capital gains treatment under section 117 (j) for the cows sold in 1945.

Reviewed by the Court.

Decision will he entered for the respondent.

Van Fossan, Turner, Harron, and Raum, concur in the result.

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Alexander v. Commissioner, 22 T.C. 318, 1954 U.S. Tax Ct. LEXIS 206 (tax 1954).

22 T.C. 318 (Alexander v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Stanback v. Commissioner
27 T.C. 1 (U.S. Tax Court, 1956)
Alexander v. Commissioner
22 T.C. 318 (U.S. Tax Court, 1954)