Helvering v. American Chicle Co., 291 U.S. 426 (1934)
U.S. Supreme CourtHelvering v. American Chicle Co., 291 U.S. 426 (1934)
Helvering v. American Chicle Co.
Argued February 6, 1934
Decided March 5, 1934
291 U.S. 426
Under the Revenue Acts of 1921, 1924 and 1926, a corporation which acquired all of the assets and assumed all of the liabilities of another, and thereafter purchased in the open market some of the latter's bonds at less than their face value, held to have realized
65 F.2d 454 reversed.
Certiorari, 290 U.S. 616, to review a judgment affirming a decision of the Board of Tax Appeals, 23 B.T.A. 221.