52 T.C. 700 (1969), 2065-65, Reich v. Commissioner of Internal Revenue

Citation: 52 T.C. 700

Opinion Judge: FAY, Judge:

Party Name: ARTHUR E. REICH AND CAROLYN G. REICH, ET AL,[1] PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

Attorney: Mark Townsend and John D. Clark, Jr., for the petitioners. J. Carl Gardner and Richard W. Janes, for the respondent.

Judge Panel: FEATHERSTON, J., did not participate in the consideration and disposition of this case. SIMPSON, J., concurring: DRENNEN, IRWIN, and STERRETT, JJ., agree with this concurring opinion. RAUM, J., dissenting: TIETJENS and TANNENWALD, JJ., agree with this dissent.

Case Date: Thursday July 31, 1969

Court: U.S. Tax Court