Legal Opinion
Greene v. United States
District Court, S.D. New York
Decided November 24, 1992No. 91 Civ. 3177 (GLG)PublishedCited by 8 opinions
1Opinion of the Court
OPINION
GOETTEL, District Judge.
This action arises out of a tax assessment made by the Internal Revenue Service on plaintiffs Leonard and Joyce Greene. The IRS determined that the plaintiffs were required to report as income the gain realized from the sale of certain commodity futures contracts that was donated to a private foundation run by plaintiffs.
I. FACTUAL BACKGROUND
Plaintiffs Leonard and Joyce Greene, 1 residents of Westchester County, founded the Institute for Socioeconomic Studies in the early 1970s. The Institute is an exempt private operating foundation under 26 U.S.C. § 501(c)(3).…
2Cases cited18 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- Harrison v. SchaffnerSupreme Court of the United States · 1941
- Eastway Construction Corp. v. City of New YorkCourt of Appeals for the Second Circuit · 1985
13 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Leonard Greene and Joyce Greene v. United StatesCourt of Appeals for the Second Circuit · 1994
- Rauenhorst v. Comm'rUnited States Tax Court · 2002
- Leonard Greene and Joyce Greene v. United StatesCourt of Appeals for the Second Circuit · 1996
- Shanley v. Comm'rUnited States Tax Court · 2009
- Greene v. United StatesDistrict Court, S.D. New York · 1994
3 more not listed; retrieve them via the Exa API.