Paymer v. Commissioner of Internal Revenue

U.S. Court of Appeals, Second Circuit · Decided 1945-07-02

Cited by 102 later decision(s) in our corpus · see the citation network in Lexace

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CHASE, Circuit Judge. These four petitions, which were consolidated for hearing, require us to decide whether the 1938 net income of certain real estate was taxable to the petitioning corporations each of whom held the title to a part of it, or to the petitioning individuals who owned all the stock of the two corporations. And, if the corporations are taxable on the income, whet…

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