Legal Opinion
Bob Hindes and Wife, Dorothy Lee v. United States
Court of Appeals for the Fifth Circuit
Decided January 7, 1964No. 20604PublishedCited by 52 opinions
1Opinion of the Court
GRIFFIN B. BELL, Circuit Judge.
This appeal involves federal income taxes for the year 1957. It turns on the right of taxpayers to return the gain from a sale of realty on an installment basis. Title 26 U.S.C.A. § 453. The District Court rendered summary judgment in favor of appellee. See Hindes v. United States, W.D.Tex., 1963, 214 F. Supp. 583.
Mr. Hindes entered into negotiations for the sale of his ranch in the spring of 1957. He discussed the tax consequences of a sale with his lawyer, and was advised that an installment sale would result in considerable tax savings. The purchaser was not…
2Cases cited8 opinions
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Kennedy v. Silas Mason Co.Supreme Court of the United States · 1948
- Bohn Aluminum & Brass Corporation v. Storm King CorporationCourt of Appeals for the Sixth Circuit · 1962
- Walling v. Richmond Screw Anchor Co.Court of Appeals for the Second Circuit · 1946
- Chambers and Company, a Partnership Composed of J. J. Chambers and J. J. Chambers, Jr. v. The Equitable Life Assurance Society of the United StatesCourt of Appeals for the Fifth Circuit · 1955
3 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- Alex John, Jr. v. State of Louisiana (Board of Trustees for State Colleges and Universities)Court of Appeals for the Fifth Circuit · 1985
- Sierra Club, Inc. v. Sandy Creek Energy Associates, L.P.Court of Appeals for the Fifth Circuit · 2010
- American Fidelity and Casualty Company, Inc. v. The London and Edinburgh Insurance Company, Limited, and the Dominion Insurance Company, LimitedCourt of Appeals for the Fourth Circuit · 1965
- W. B. Rushing v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1971
- Church of Scientology of California v. Gabriel CazaresCourt of Appeals for the Fifth Circuit · 1981
47 more not listed; retrieve them via the Exa API.