Legal Opinion
Commissioner of Internal Revenue v. Swenson
Court of Appeals for the Fifth Circuit
Decided March 5, 1932No. 6143PublishedCited by 15 opinions
1Opinion of the Court
WALKER, Circuit Judge.
The Commissioner of Internal Revenue assessed a deficiency of income tax for the year 1919 against the appellee as executor of the estate of Christina Swenson, deceased. That assessment was a result of a finding by the Commissioner that 2,400 shares of the capital stock of the Swensondale Oil Company, a Texas corporation (herein referred to as the corporation), received in 1919, for an oil and gas lease on 414 acres of land, owned in community by the taxpayer and her husband, Peter Swenson, had at the time of that transaction a fair market value of $240,000. Upon…
2Cases cited7 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- O'MEARA v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1929
- North American Telegraph Co. v. Northern Pac. Ry. Co.Court of Appeals for the Eighth Circuit · 1918
- Williams v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1930
- Collin v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1929
2 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Commissioner of Internal Revenue v. Moore. Moore v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1953
- Rubber Research, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1970
- Champlin v. CommissionerCourt of Appeals for the Tenth Circuit · 1934
- Boudreau v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1943
- Foster v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1932
10 more not listed; retrieve them via the Exa API.