Legal Opinion
Van Clief v. Helvering
Court of Appeals for the D.C. Circuit
Decided April 12, 1943No. 8351PublishedCited by 14 opinions
1Opinion of the Court
PARKER, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals, now the Tax Court of the United States. The question involved is the right of petitioners, husband and wife who filed a joint income tax return for the year 1937, to deduct as a loss $256,929.03 as representing the cost of stock alleged to have become worthless during that year. The stock was the property of the husband, Ray Alan Van Clief. The Board found that its cost was the above amount, and that the corporation’s liabilities were in excess of its assets indicating that the stock was worthless by…
2Cases cited10 opinions
- Sampsell v. Imperial Paper & Color Corp.Supreme Court of the United States · 1941
- American Cigar Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1933
- Mahler v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1941
- Helvering v. JarvisCourt of Appeals for the Fourth Circuit · 1941
- Edward Katzinger Co. v. CommissionerUnited States Board of Tax Appeals · 1941
5 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- National Carbide Corp. v. CommissionerSupreme Court of the United States · 1949
- Maloney v. SpencerCourt of Appeals for the Ninth Circuit · 1949
- American Processing and Sales Company v. The United StatesUnited States Court of Claims · 1967
- Dorminey v. CommissionerUnited States Tax Court · 1956
- O'NEILL v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1948
9 more not listed; retrieve them via the Exa API.