Hawkins v. Commissioner
United States Board of Tax Appeals
1. General or compensatory damages received by way of settlement for injury to personal reputation and health caused by defamatory statements constituting libel or slander are not income. 2. Query as to special or exemplary damages.
1Opinion of the Court
OPINION.
Sternhagen :
The consideration of the question whether the damages received for libel and slander are taxable as income must proceed not so much according to the refinements of economists, Lynch v. Turrish, 247 U. S. 221; Merchants’ Loan & Trust Co. v. Smietanka, 255 U. S. 509, as according to such decisions of the Supreme Court as mark the course. That stock dividends, Eisner v. Macomber, 252 U. S. 189; stock rights, Miles v. Safe Deposit & Trust Co., 259 U. S. *1024247; subsidies, Edwards v. Cuba R. R. Co., 268 U. S. 628; or savings, under certain circumstances, on the liquidation of…
2Cases cited15 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Gould v. GouldSupreme Court of the United States · 1917
- Towne v. EisnerSupreme Court of the United States · 1918
- United States v. PhellisSupreme Court of the United States · 1921
- Irwin v. GavitSupreme Court of the United States · 1925
10 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Threlkeld v. CommissionerUnited States Tax Court · 1986
- Seay v. CommissionerUnited States Tax Court · 1972
- Church v. CommissionerUnited States Tax Court · 1983
- Glynn v. CommissionerUnited States Tax Court · 1981
- Roemer v. CommissionerUnited States Tax Court · 1982
25 more not listed; retrieve them via the Exa API.