Legal Opinion
Albert Gordon MacRae and Sheila MacRae v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided August 28, 1961No. 17128_1PublishedCited by 80 opinions
1Opinion of the Court
JERTBERG, Circuit Judge.
Before us is a petition for review of a decision of the Tax Court of the United States, reported at 34 T.C. 20. The petitioners are husband and wife who filed joint returns on the cash basis for the taxable years 1952 and 1953. The husband, Albert Gordon MacRae, will hereinafter be called the taxpayer.
The Tax Court sustained the disallowance by the Commissioner of Internal Revenue of amounts paid by taxpayer, claimed by him to represent payments of interest on indebtedness, and hence deductible within the meaning of Section 23 of the Internal Revenue Code of 1939, 1 in…
2Cases cited12 opinions
- Hormel v. HelveringSupreme Court of the United States · 1941
- Knetsch v. United StatesSupreme Court of the United States · 1960
- Eli D. Goodstein v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Eli D. GoodsteinCourt of Appeals for the First Circuit · 1959
- Blair v. Oesterlein MacHine Co.Supreme Court of the United States · 1927
- Broome v. United StatesUnited States Court of Claims · 1959
7 more not listed; retrieve them via the Exa API.
3Cited by80 opinions
- Estate of Charles T. Franklin, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1976
- Karme v. CommissionerUnited States Tax Court · 1980
- Joseph H. Bridges and Lillier J. Bridges v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1963
- Karl F. Knetsch and Eva Fay Knetsch v. The United StatesUnited States Court of Claims · 1965
- Bridges v. CommissionerUnited States Tax Court · 1963
75 more not listed; retrieve them via the Exa API.