Warren H. Schumann and Maria T. Schumann 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 the liquidation and partial distribution of proceeds to stockholders constituted a ―disposition‖ within the meaning of Section 424 of the Tax Code
• ―Schumann's acceptance of the liquidating distributions made pursuant to a duly adopted liquidation plan constitutes a ‗disposition ... made by him‘ whether or not he originally voted for adoption of the liquidation plan.‖

Source: CourtListener parenthetical corpus (CC0).