Legal Opinion
Reynolds v. Commissioner
Court of Appeals for the Fourth Circuit
Decided October 7, 1940No. 4641PublishedCited by 6 opinions
1Opinion of the Court
SOPER, Circuit Judge.
On April 4, 1934, the taxpayer, Richard J. Reynolds, received certain securities from a trustee in accordance with the terms of the will of R. J. Reynolds, his father, who died on July 19, 1918. Later in 1934 the taxpayer sold some of the securities at a profit; and the question is whether, in ascertaining the cost basis under the taxing statute of that year, the securities were acquired when he received them from the trustee, or when his father (died and the will became effective. The Commissioner of Internal Revenue asserted that the acquisition took place upon the…
2Cases cited43 opinions
- Helvering v. HallockSupreme Court of the United States · 1940
- Blair v. CommissionerSupreme Court of the United States · 1937
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- Brewster v. GageSupreme Court of the United States · 1930
- Helvering v. WinmillSupreme Court of the United States · 1938
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3Cited by6 opinions
- Helvering v. ReynoldsSupreme Court of the United States · 1941
- Van Vranken v. HelveringCourt of Appeals for the Second Circuit · 1940
- Augustus v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1941
- Knowles v. GladdenDistrict Court, D. Oregon · 1965
- Helvering v. ReynoldsSupreme Court of the United States · 1941
1 more not listed; retrieve them via the Exa API.