Goodenough v. Commissioner

Board of Tax Appeals

Goodenough v. Commissioner

12 B.T.A. 935, 1928 BTA LEXIS 3426

United States Board of Tax Appeals·Decided June 28, 1928·No. Docket No. 11009.·Published·Cited by 1 cases

Opinion

[955] OPINION.

Van Fossan:

In the case of James Couzens, 11 B. T. A. 1040, we had before us the same issues and in large part the same facts as are here presented. The considerations on which the decision in that case was based are equally pertinent and controlling in this proceeding.

The fair market value on March 1, 1913, of the stock of the Ford Motor Co. owned by petitioner was $5,250,000, or at the rate of $10,000 per share.

Reviewed by the Board.

Judgment will he entered wider Rule 50.

Smith, Morris, Arunkell, and Milliken did not participate in the consideration or decision of this proceeding.

Free access — add to your briefcase to read the full text and ask questions with AI

[955] OPINION.

Van Fossan:

In the case of James Couzens, 11 B. T. A. 1040, we had before us the same issues and in large part the same facts as are here presented. The considerations on which the decision in that case was based are equally pertinent and controlling in this proceeding.

The fair market value on March 1, 1913, of the stock of the Ford Motor Co. owned by petitioner was $5,250,000, or at the rate of $10,000 per share.

Reviewed by the Board.

Judgment will he entered wider Rule 50.

Smith, Morris, Arunkell, and Milliken did not participate in the consideration or decision of this proceeding.

Goodenough v. Commissioner, 12 B.T.A. 935, 1928 BTA LEXIS 3426 (bta 1928).

Pincite

12 B.T.A. 935 (Goodenough v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related