BIG WOLF CORP. v. COMMISSIONER OF INTERNAL REVENUE, 2 T.C. 751 (1943) BIG WOLF CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 111852.United States Tax Court. Promulgated September 27, 1943. Petitioner’s transferor in 1916, pursuant to a recapitalization, exchanged 2,595 shares of X corporation’s stock for 2,076 new shares and a cash distribution. From […]
