DocketNumber: Docket No. 2822
Citation Numbers: 2 B.T.A. 168
Judges: James, Littleton, Smith, Teussell
Filed Date: 6/25/1925
Status: Precedential
Modified Date: 7/20/2022
The deceased sold during the year 1919 stock which had a value on March 1, 1913, in excess of the selling price, but which had a value at the date of its acquisition by her of less than the selling price. These facts bring the case clearly within the rule as laid down by the United States Supreme Court in United States v. Flannery, 268 U. S. 98, and McCaughn v. Ludington, 268 U. S. 106, decided by that court on April 13, 1925.