Court Opinion

ID: 6878198
Source: CourtListenerOpinion
Date Created: 2022-07-23 21:10:51.086856+00
Date Added: 2024-06-11T16:05:32.113917
License: Public Domain

PER CURIAM.
This case arises out of the same corporate transactions which were before the Court of Claims in Davis v. United States, 26 F.Supp. 1007. It is indistinguishable in principle from Groman v. Commissioner, 302 U.S. 82, 58 S.Ct. 108, 82 L.Ed. 63, Helvering v. Bashford, 302 U.S. 454, 58 S.Ct. 307, 82 L.Ed. 367, and Hedden v. Commissioner, 3 Cir., 105 F.2d 311. The decision of the Board of Tax Appeals is affirmed upon the authority of those cases.