DocketNumber： Docket No. 1350
Citation Numbers： 2 B.T.A. 1228
Judges： Green, Lansdon, Love
Filed Date： 11/6/1925
Status： Precedential
Modified Date： 10/18/2024
The evidence as a whole is convincing that the stockholders, who withdrew from the business the amounts charged to them, respectively, never intended to repay them and that the withdrawals were intended to be and were distributions of profits. Appeal of Walle & Co., Ltd., 1 B. T. A. 1064.