Legal Opinion
George D. Prather and Mable E. Prather v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided September 16, 1963No. 17559PublishedCited by 14 opinions
1Opinion of the Court
CHAMBERS, Circuit Judge.
The Prathers have horrible income tax trouble. Economically, they did not make in their pump business a lot of money in 1954, but the commissioner and the Director of Internal Revenue have bunched into 1954 what was really the fruits of an individual business enterprise which began in 1942 and continued into 1955.
Apparently during the years of the enterprise the Prathers’ net worth was going steadily, slowly and surely upward. But they were showing on their returns comparatively little taxable income from their business. This they accomplished from 1942 to 1953 by…
2Cases cited9 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Nichols v. CoolidgeSupreme Court of the United States · 1927
- Welch v. HenrySupreme Court of the United States · 1938
- Blodgett v. HoldenSupreme Court of the United States · 1927
- Untermyer v. AndersonSupreme Court of the United States · 1928
4 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Palmer v. CommissionerUnited States Tax Court · 1969
- United States v. Larry Eugene CookCourt of Appeals for the Ninth Circuit · 1969
- H. F. Campbell Co. v. CommissionerUnited States Tax Court · 1970
- De Mars v. CommissionerUnited States Tax Court · 1982
- Estate of Papson v. CommissionerUnited States Tax Court · 1983
9 more not listed; retrieve them via the Exa API.