ANDERSON v. COMMISSIONER OF INTERNAL REVENUE

Text Highlighter

Bookmark

PDF

Report a problem

Citation Codes

Equivalent Citations

citation codes

Docket Number

Nos. 77-2048, 77-2049.

Attorney(S)

Gregory A. Pletsch, David Irvin Couvillion, Theodore L. Jones, Baton Rouge, La., for petitioners-appellants. M. Carr Ferguson, Asst. Atty. Gen., Gilbert E. Andrews, Act. Chief, App. Sect., William Estabrook, Atty., U.S. Dept. of Justice, Internal Rev. Service, Leon G. Wigrizer, Acting Chief Counsel, Stanley S. Shaw, Jr., Atty., Tax Div., Dept. of Just., Washington, D.C., for C. I. R. in both cases. Lester Stein, Acting Chief Counsel, IRS, Washington, D.C., for C. I. R. in 77-2048. Stuart E. Seigel, Internal Rev. Service, Washington, D.C., for C. I. R. in 77-2049.

Judges

Before SIMPSON, TJOFLAT, and HILL, Circuit Judges. PER CURIAM

Are you a practicing lawyer?

Enhance your digital presence and reach by creating a Casemine profile.

Upload pleading to use the new AI search

Click here to upload

Cites

Citation Codes

Equivalent Citations

citation codes

Docket Number

Nos. 77-2048, 77-2049.

Attorney(S)

Gregory A. Pletsch, David Irvin Couvillion, Theodore L. Jones, Baton Rouge, La., for petitioners-appellants. M. Carr Ferguson, Asst. Atty. Gen., Gilbert E. Andrews, Act. Chief, App. Sect., William Estabrook, Atty., U.S. Dept. of Justice, Internal Rev. Service, Leon G. Wigrizer, Acting Chief Counsel, Stanley S. Shaw, Jr., Atty., Tax Div., Dept. of Just., Washington, D.C., for C. I. R. in both cases. Lester Stein, Acting Chief Counsel, IRS, Washington, D.C., for C. I. R. in 77-2048. Stuart E. Seigel, Internal Rev. Service, Washington, D.C., for C. I. R. in 77-2049.

Judges

Before SIMPSON, TJOFLAT, and HILL, Circuit Judges. PER CURIAM

See more information ...

Smart Summary

Please sign up to generate summary.

PAUL H. ANDERSON AND FRANCES M. ANDERSON, PETITIONERS-APPELLANTS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT-APPELLEE. HERBERT E. WIESE AND MARY C. WIESE, PETITIONERS-APPELLANTS,

PER CURIAM:

Taxpayers appeal from a Tax Court ruling that they did not qualify under I.R.C. § 1201 for a twenty-five percent capital gains tax rate on their sale of stock. 1976 T.C.M. ¶ 76,362 (P-H). The narrow issue before us is whether the Tax Court erred in concluding that the taxpayers had not sold their stock pursuant to a binding contract in effect on November 9, 1969. We cannot say that the Tax Court's finding of fact on this issue is clearly erroneous or that it erred in holding that the alleged agreement was unenforceable. The Tax Court therefore is

AFFIRMED.

Use AI to get other relevant cases.

Try AI Pro free for 7 days Upgrade to AI Pro

PAUL H. ANDERSON AND FRANCES M. ANDERSON, PETITIONERS-APPELLANTS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT-APPELLEE. HERBERT E. WIESE AND MARY C. WIESE, PETITIONERS-APPELLANTS,

Comments