Summary
The Tax Court concluded that a businessman did not receive any goodwill in the liquidation and conversion of his corporation to a sole proprietorship. It reasoned that the goodwill was personal to the businessman and remained his personal property absent ...
Charles C. Cullen v. CIR
PDF, Size: 30 KB
See Also
Goodwill Belonged to Sale Owner, Not Business
The Tax Court concluded that a businessman did not receive any goodwill in the liquidation and conversion of his corporation to a sole proprietorship.