in Re jones/smith Minors

How courts have described this case

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

• indicating that it is improper to allocate a portion of the purchase price to assets not transferred pursuant to the sale
• indicating that it is improper to allocate a portion of the purchase price to assets not transferred pursuant to the sale
• “One of the verities of tax law is that the cost basis of property is equal to the amount of cash paid for such property.”

Source: CourtListener parenthetical corpus (CC0).