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SCOTUS Case

United States v. Phellis

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1921 United States Supreme Court case

United States v. Phellis, 257 U.S. 156 (1921), was a decision by the United States Supreme Court , which held that shares in a subsidiary corporation issued to stockholders in the parent corporation were taxable as income .

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[(https://en.wikipedia.org/w/index.php?title=United_States_v._Phellis&action=edit&section=1 "Edit section: Further reading")
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[(https://en.wikipedia.org/w/index.php?title=United_States_v._Phellis&action=edit&section=2 "Edit section: External links")
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