¶1concurring: I concur in the result reached in this case for reasons set forth in my dissenting opinion in the case of George M. Wright, 18 B. T. A. 471, and also on authority of Edith Scoville, 18 B.T. A. 261.
21 B.T.A. 433
Fredericks v. Commissioner
United States Board of Tax Appeals
Decided November 24, 1930
United States Board of Tax Appeals · decided 1930-11-24
A corporation having first and second preferred stock and common stock made a 25 per cent reduction in its issued outstanding second preferred stock and simultaneously amended… Held: In the circumstances of the instant case, the transactions described worked a recapitalization and constituted a reorganization within the meaning of section 203(h)(1) of theRevenue Act of 1924. (2) No loss was sustained by the petitioners and the determination of the Commissioner is approved.
Relies on Wright v. Commissioner · Scoville v. Commissioner
Good law ✅— No negative treatment on recordhow we know
Decided 1930-11-24
How this case has been cited
Cited by 3 later decisions — most recently April 1967
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
View the full empirical analysis of this case →