# Perls v. Commissioner > United States Board of Tax Appeals · June 28, 1927 · 7 B.T.A. 568 URL: https://www.frixlaw.com/law-library/cases/4500130 ## Case - **Full name:** LEO T. PERLS, v. COMMISSIONER OF INTERNAL REVENUE - **Court:** United States Board of Tax Appeals - **Decided:** June 28, 1927 - **Citations:** 7 B.T.A. 568; 1927 BTA LEXIS 3150 - **Precedential status:** Published - **Opinion:** Opinion of the court by Milliken - **Judges:** Milliken - **Cited by:** 0 later opinions in the Frix Law Library ## Citator (automated) - No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases. - Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4500130 ## Opinion text *574 OPINION. Milliken : The sole issue is whether the three stockholders of A. Rosenberg & Co., Inc., sustained deductible losses in the year 1924 by reason of the surrender Jjy them to the corporation of certain amounts of preferred stock. Even assuming, without admitting, that the petitioners did suffer losses, we are unable to determine the amount thereof for we have no evidence of the cost to the petitioners of the stock surrendered. Judgment will be entered for the resfondent. --- Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4500130. Public record. Not legal advice.