Legal Opinion
Commissioner v. Slagter
Court of Appeals for the Seventh Circuit
Decided November 29, 1956No. Nos. 11696, 11697PublishedCited by 2 opinions
1Opinion of the Court
LINDLEY, Circuit Judge.
The Commissioner of Internal Revenue seeks reversal of the decision of the Tax Court holding that the income taxes here involved should be computed as capital gain taxes, as respondents claim, and not as ordinary income subject to an allowance for depletion, as petitioner contends.
The essential facts follow. A. J. Slagter, Jr., and Lora May Slagter, husband and wife, and Earl B. Paulson, a single man, who died testate on March 21, 1952, were, as partners, in 1948, the owners of a number of oil and gas leases, producing oil thereunder. An allied corporation, the Slagter…
2Cases cited14 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Helvering v. CliffordSupreme Court of the United States · 1940
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- Burnet v. HarmelSupreme Court of the United States · 1932
9 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Weinert v. CommissionerUnited States Tax Court · 1959
- Commissioner of Internal Revenue v. A. J. Slagter, Jr., and Lora May Slagter, Commissioner of Internal Revenue v. Estate of Earl B. Paulson, Deceased, Etc.Court of Appeals for the Seventh Circuit · 1956