JONES

v.

COMMISSIONER OF INTERNAL REVENUE

Citator

Cited By

• Kline v. Commissioner of Internal Revenue, 130 F.2d 742 (3d Cir. 1942)
  …othing more than approximation of value and the courts repeatedly have approved the ascertainment of fair market value of stock when there was no ready market for it. See Helvering v. Kendrick Coal & Dock Co., 8 Cir., 72 F. 2d 330, certiorari denied 294 U.S. 716, 55 S.Ct. 515, 79 L.Ed. 1249, and French Dry Cleaning Co. v. Commissioner, 5 Cir., 72 F. 2d 167. In Guggenheim v. Rasquin, 312 U.S. 254, 258, 61 S.Ct. 507, 85 L.Ed. 813, the Supreme Court stated that the absence of market price is no barrier to valu…
• Forrester Box Co. v. Commissioner of Internal Revenue, 123 F.2d 225 (8th Cir. 1941)
  …unt was taxable income and how much return of capital, the Board is directed to redetermine the deficiencies assessed. United States v. Ludey, 274 U.S. 295, 47 S.Ct. 608, 71 L.Ed. 1054; Jones v. Commissioner, 8 Cir., 72 F. 2d 114, certiorari denied 294 U.S. 716, 55 S.Ct. 515, 79 L.Ed. 1249. See Weiss v. Wiener, 279 U.S. 333, 335-337, 49 S.Ct. 337, 73 L.Ed. 720; Commissioner v. Terre Haute Electric Co., Inc., 7 Cir., 67 F. 2d 697, 698, 699; Georgia Ry. & Electric Co. v. Commissioner, 5 Cir., 77 F. 2d 897,…
• Lyders v. Petersen, 88 F.2d 9 (9th Cir. 1937)
  …t of the State of California denied application to review the District Court of Appeal’s decision (Petersen v. Lyders, 139 Cal.App. 307, 33 P.(2d) 1032) and writ of certiorari was denied by the Supreme Court of the United States (Lyders v. Petersen, 294 U.S. 716, 55 S.Ct. 514, 79 L.Ed. 1249). In Petersen v. Lyders, supra, the court said: “The recent case of In re Estate of Clausen, 202 Cal. 267, 259 P. 1094, decides that the consul of Denmark, in representing foreign heirs, does not do so in his sovereign…