Rockefeller v. United States
Supreme Court of the United States
ERROR TO THE DISTRICT COURT OF THE UNITED' STATES FOR THE SOUTHERN DISTRICT OF NEW YORK. Error to judgments of the District Court sustaining income tax. assessments under the Income Tax Law of October 3, 1913.; and the Sixteenth Amendment. In No. 535, the action was by the United States, to collect the tax, against the plaintiff in error Rockefeller.
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ERROR TO THE DISTRICT COURT OF THE UNITED' STATES FOR THE SOUTHERN DISTRICT OF NEW YORK. Error to judgments of the District Court sustaining income tax. assessments under the Income Tax Law of October 3, 1913.; and the Sixteenth Amendment. In No. 535, the action was by the United States, to collect the tax, against the plaintiff in error Rockefeller. In No. 536, the plaintiffs in error, having paid the tax under protest, sued the collector to recover the amount with interest. The fact is that the transaction was purely a capital transaction, the. substance of which was merely an alteration in…
1Opinion of the CourtJustice Pitney
Thése two cases were argued together, turn upon like facts, and may be disposed of in a single opinion. They involve the legality of certain income taxes assessed against the plaintiff in error in the one case, and against the testator of plaintiffs in error in the other, under the Income Tax provisions of the Act of October 3, 1913, c. 16, 38 Stat. 114, 166-167, by reason of certain distributions of corporate stocks received by the respective taxpayers under the following circumstances. In and prior to the year. 1914, the-Prairie Oil & Gas Company, a corporation of. the State of Kansas, was…
2Cases cited1 opinion
- The Pipe Line CasesSupreme Court of the United States · 1914
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- Marr v. United StatesSupreme Court of the United States · 1925
- Helvering v. GriffithsSupreme Court of the United States · 1943
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