WIFE'S STOCK TRANSFER TO CORPORATION WAS ON BEHALF OF EX-HUSBAND; SALE NONTAXABLE TO HER.
SEP. 20, 2001
Mulberry Motor Parts Inc., et al. v. Comm.
DOCUMENT ATTRIBUTES
- Case NameMULBERRY MOTOR PARTS, INC., Petitioner, WILLIAM A. READ, Interested party-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee. WILLIAM A. READ, Petitioner-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.
- CourtUnited States Court of Appeals for the Eleventh Circuit
- DocketNo. 00-15831
- Judgeper curiam
- Cross-ReferenceCarol M. Read, et al. v. Commissioner, 114 T.C. No. 2 (Feb. 4, 2000)
- Parallel Citation273 F.3d 112088 A.F.T.R.2d (RIA) 2001-61822001 U.S. App. LEXIS 29914
- Code Sections
- Subject Area/Tax Topics
- Index Termstransfers, spousal
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-25740 (2 original pages)
- Tax Analysts Electronic Citation2001 TNT 195-14
Mulberry Motor Parts Inc., et al. v. Comm.
IN THE UNITED STATES COURT OF APPEALS
FOR THE ELEVENTH CIRCUIT
APPEALS FROM A DECISION OF THE UNITED STATES TAX COURT
U.S. Tax Ct. No. 19322-97
U.S. Tax Ct. No. 19328-97
(September 20, 2001)
Before Birch, Cox, and Alarcon, /*/ Circuit Judges.
PER CURIAM:
[1] We find no merit in Appellant Read's contention that the Tax Court erred in holding him liable for taxes on income received as a dividend in a year not before the court. With regard to the issue of interpretation relative to I.R.C. section 1041, we are bound by Craven v. United States, 215 F.3d 1201 (11th Cir. 2000).
[2] Accordingly, we AFFIRM.
FOOTNOTE
/*/ Honorable Arthur L. Alarcon, U.S. Circuit Judge for the Ninth Circuit, sitting by designation.
END OF FOOTNOTE
DOCUMENT ATTRIBUTES
- Case NameMULBERRY MOTOR PARTS, INC., Petitioner, WILLIAM A. READ, Interested party-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee. WILLIAM A. READ, Petitioner-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.
- CourtUnited States Court of Appeals for the Eleventh Circuit
- DocketNo. 00-15831
- Judgeper curiam
- Cross-ReferenceCarol M. Read, et al. v. Commissioner, 114 T.C. No. 2 (Feb. 4, 2000)
- Parallel Citation273 F.3d 112088 A.F.T.R.2d (RIA) 2001-61822001 U.S. App. LEXIS 29914
- Code Sections
- Subject Area/Tax Topics
- Index Termstransfers, spousal
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-25740 (2 original pages)
- Tax Analysts Electronic Citation2001 TNT 195-14