Thornton v. Comm'r of Internal Revenue

1 Citing case

  1. Stern v. Comm'r of Internal Revenue

    15 T.C. 521 (U.S.T.C. 1950)   Cited 9 times

    He may give shares of stock, if he chooses, rather than a share of the assets of a corporation in liquidation. Apt v. Birmingham, 89 Fed.Supp. 361; Frederick O. Merz, 12 T.C. 1076; Davis B. Thornton, 5 T.C. 116. There was no subterfuge or sham about what he did.