E. Keith Owens v. Commissioner of Internal Revenue

How courts have described this case

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

• holding that a stock sale with similar characteristics was Nos. 12-3144, et al. 19 merely an exchange of cash that could be disregarded for income-tax purposes
• “When a stockholder sells his stock, he is selling his proprietary interest in a going concern and not an interest in the corporate assets.”
• “When a stockholder sells his stock, he is selling his proprietary interest in a going concern and not an interest in the corporate assets.”
• “When a stockholder sells his stock, he is selling his proprietary interest in a going concern and not an interest in the corporate assets.”

Source: CourtListener parenthetical corpus (CC0).