Pitman v. Commissioner
United States Board of Tax Appeals
Petitioner, a full-blood Creek Indian, acquired an allotment of 160 acres of land, of which 40 acres were "homestead" and 120 acres were "surplus" lands. During the taxable year 1922, she leased said lands for a one-eighth royalty and received cash bonuses of $21,500 on the leases pertaining to the homestead and $111,000 on the leases pertaining to the surplus lands. Held, that for reasons stated in the opinion both bonuses were subject to taxation.
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Petitioner, a full-blood Creek Indian, acquired an allotment of 160 acres of land, of which 40 acres were "homestead" and 120 acres were "surplus" lands. During the taxable year 1922, she leased said lands for a one-eighth royalty and received cash bonuses of $21,500 on the leases pertaining to the homestead and $111,000 on the leases pertaining to the surplus lands. Held, that for reasons stated in the opinion both bonuses were subject to taxation. Held, further, that under our decision in Murphy Oil Co.,15 B.T.A. 1195, the entire amount of the bonuses totaling $132,500 was taxable income in…
1Opinion of the Court
LUCINDA PITMAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Pitman v. Commissioner
Docket No. 18493.
United States Board of Tax Appeals
24 B.T.A. 244; 1931 BTA LEXIS 1674;
September 30, 1931, Promulgated
Petitioner, a full-blood Creek Indian, acquired an allotment of 160 acres of land, of which 40 acres were "homestead" and 120 acres were "surplus" lands. During the taxable year 1922, she leased said lands for a one-eighth royalty and received cash bonuses of $21,500 on the leases pertaining to the homestead and $111,000 on the leases pertaining to the surplus lands. Held, that for…
2Cases cited22 opinions
- Pollock v. Farmers' Loan & Trust Co.Supreme Court of the United States · 1895
- Pollock v. Farmers' Loan & Trust Co.Supreme Court of the United States · 1895
- Tiger v. Western Investment Co.Supreme Court of the United States · 1911
- Gillespie v. OklahomaSupreme Court of the United States · 1922
- The Cherokee TobaccoSupreme Court of the United States · 1871
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