Court Opinion

ID: 9641521
Source: CourtListenerOpinion
Date Created: 2023-08-22 17:33:51.500281+00
Date Added: 2024-06-11T18:10:38.122765
License: Public Domain

MAJOR, Chief Judge
(dissenting).
The Tax Court in its opinion stated: “The stipulated facts amply demonstrate that the petitioner was not dealing in its own shares a6 it might in the shares of another corporation.” In my view, this is a finding of fact amply supported and should be accepted by this court. But whether it be treated as such or as a conclusion of law is really immaterial because the undisputed facts clearly demonstrate, so I think, that the taxpayer did not deal “in its own shares as it might in the shares of another corporation.” I would affirm the judgment of the Tax Court.