Legal Opinion
Richard T. Graham v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided May 29, 1962No. 357, Docket 27361PublishedCited by 15 opinions
1Opinion of the Court
KAUFMAN, Circuit Judge.
This is a petition for review of a decision rendered by the Tax Court, Atkins, J., 1 which held that payments made pursuant to an award of the Mixed Claims Commission, United States and Germany, did not qualify for capital gains treatment under Section 1232 of the Internal Revenue Code of 1954, 26 U.S.C. § 1232. Since Graham, the taxpayer, reported payments made in 1954 and 1955 on his share of an award as long-term capital gains, the Tax Court upheld the Commissioner’s determination of deficiencies in income tax for those years amounting to $803.87 and $839.77…
2Cases cited8 opinions
- Fairbanks v. United StatesSupreme Court of the United States · 1939
- Bingham v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1939
- Helen D. Miller v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1962
- Gerard v. HelveringCourt of Appeals for the Second Circuit · 1941
- Graham v. CommissionerUnited States Tax Court · 1961
3 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Lan Jen Chu and Grace Y. P. Chu v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1973
- Morgan Guaranty Trust Co. of New York v. United StatesUnited States Court of Claims · 1978
- Agency of Canadian Car & Foundry Co. v. CommissionerUnited States Tax Court · 1962
- Maurice J. Breen and Alyce J. Breen v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1964
- Bellamy v. CommissionerUnited States Tax Court · 1965
10 more not listed; retrieve them via the Exa API.