Legal Opinion
Helvering v. Walbridge
Court of Appeals for the Second Circuit
Decided May 14, 1934No. 210PublishedCited by 24 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
This is a petition of the Commissioner of Internal Revenue to review an order of the Board of Tax Appeals which reduced a deficiency in the respondent’s income tax for the year 1928. The taxpayer, Walbridge, with three others, formed a partnership to trade in financial securities; he and two other partners contributed shares of stock, and the fourth gave cash. The firm sold some of the shares contributed by Walbridge at a price higher than that at which he had bought them, and higher than their value when he contributed them. In its income tax return the firm charged…
2Cases cited9 opinions
- Burnet v. LoganSupreme Court of the United States · 1931
- Francis v. McNealSupreme Court of the United States · 1913
- Bedell v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1929
- United States v. KaufmanSupreme Court of the United States · 1925
- O'MEARA v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1929
4 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Chisholm v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1935
- Gillman v. Preston Family Investment Co. (In Re Richardson)United States Bankruptcy Court, D. Utah · 1982
- Helvering v. SmithCourt of Appeals for the Second Circuit · 1937
- Commissioner of Internal Revenue v. WhitneyCourt of Appeals for the Second Circuit · 1948
- Alabama By-Products Corporation v. George D. Patterson, District Director of Internal RevenueCourt of Appeals for the Fifth Circuit · 1958
19 more not listed; retrieve them via the Exa API.