Commissioner v. Gordon

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “if one transaction is to be characterized as a ‘first step’ there must be a binding commitment to take the later steps”
• holding that \if one transaction is to be characterized as a 'first step' there must be a binding commitment to take the later steps\
• holding that “if one transaction is to be characterized as a ‘first step’ there must be a binding commitment to take the later steps”
• holding that \if one transaction is to be characterized as a 'first step' there must be a binding commitment to take the later steps\
• binding commitment test not satisfied where there was no binding commitment at the time of the first distribution of common stock which occurred approximately two years before the second distribution
• a series of transactions occurring over more than 1 year involving distributions under sec. 355

Source: CourtListener parenthetical corpus (CC0).