(DOWNLOAD) "Rossin v. Commissioner of Internal Revenue" by United States Court of Appeals for the Second Circuit " eBook PDF Kindle ePub Free

eBook details

Title: Rossin v. Commissioner of Internal Revenue
Author : United States Court of Appeals for the Second Circuit
Release Date : January 18, 1940
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 63 KB

Description

The ultimate question presented is whether the corporation realized taxable income in its fiscal year ending April 30, 1936 by transferring on its books a reserve for bad debts to a liquidation account and distributing its assets to its sole stockholder. By a majority of nine members to seven the Board held that it did.