Issue 2
Should the amount of the debt assumed by the purchaser of the apartment building have been included in Mrs. Crane's calculation of the amount realized on the sale?
Read more about this topic: Crane V. Commissioner
Famous quotes containing the word issue:
“I don’t have any problem with a reporter or a news person who says the President is uninformed on this issue or that issue. I don’t think any of us would challenge that. I do have a problem with the singular focus on this, as if that’s the only standard by which we ought to judge a president. What we learned in the last administration was how little having an encyclopedic grasp of all the facts has to do with governing.”
—David R. Gergen (b. 1942)