(Download) "Marshall v. Commissioner of Internal Revenue" by Sixth Circuit Circuit Court Of Appeals # Book PDF Kindle ePub Free
eBook details
- Title: Marshall v. Commissioner of Internal Revenue
- Author : Sixth Circuit Circuit Court Of Appeals
- Release Date : January 05, 1932
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
The present petition to review involves federal income taxes for the years 1923, 1924, 1925, and 1926. It appears that during the year 1923 the petitioner, feeling that he was paying more than his just proportion of income taxes, decided to give to his wife certain shares of the capital stock of various corporations in which he was interested. In respect of some of these shares, the petitioner merely indorsed the certificates in blank and caused them to be placed in a safe deposit box carried in the name of his wife, but to which his private secretary had access. As to other shares, the certificates were not only indorsed by the petitioner, but the shares were thereafter transferred to the name of his wife upon the books of the respective companies. Thus we find that 500 shares of the common stock of the Champion Spark Plug Company were transferred to Mrs. Marshall upon the books of that company November 21, 1923. Likewise, fifty shares of the common stock of the Richardson Company were so transferred March 10, 1924. Prior to the times in question, Mrs. Marshall was also the stockholder of record of ten shares of the stock of the Fifty Associates Company.
 "Marshall v. Commissioner of Internal Revenue" by Sixth Circuit Circuit Court Of Appeals # Book PDF Kindle ePub Free){kind=link}