Legal Opinion
Curtis v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided June 27, 1950No. 10037PublishedCited by 10 opinions
1Opinion of the Court
KERNER, Circuit Judge.
The petitioner seeks a review of the decision of the Tax Court determining a deficiency in his income tax for the year 1943. Petitioner prepared .his returns-on a cash calendar-year basis. He was a partner in a brokerage firm which was established by an agreement dated December 31, 1940. Each of the partners contributed to the business the use of a stock exchange membership as well as substantial capital. Pursuant to the agreement, each partner was entitled to interest on the amount of his capital account; net'profits, determined after deducting the interest payments,…
2Cases cited13 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
- Heiner v. MellonSupreme Court of the United States · 1938
- Belser v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Fourth Circuit · 1949
8 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Melvin J. Cole and Harriet L. Cole v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1989
- Investors Diversified Services, Inc. v. CommissionerUnited States Tax Court · 1962
- Times Tribune Co. v. CommissionerUnited States Tax Court · 1953
- Hamilton Airport Advertising, Inc. v. HamiltonIndiana Court of Appeals · 1984
- Farnsworth v. CommissionerUnited States Tax Court · 1958
5 more not listed; retrieve them via the Exa API.