United States Board of Tax Appeals June 20, 1933, Docket Nos. 53715, 55341, 55342. (Brinton v. Commissioner)
Also known as
United States · · · 20-06-1933
lead-opinion
*475OPINION.
Goodrich :
Petitioners contend that the basis for determining the profit on the sale of the stock is the fair market value at the date of its distribution to them in 1928. Respondent has determined and maintains that the basis is the fair market value of the stock on March 1, 1913.
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