Legal Opinion
Curtis v. Helvering
Court of Appeals for the Second Circuit
Decided January 9, 1939No. 143PublishedCited by 6 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
This appeal involves a deficiency, assessed against the taxpayer upon her income tax for the year 1931. The controversy turns wholly upon the “basis”, or cost to be assigned to certain shares of stock in the American Can Company and Electric Bond & Share Corporation which the taxpayer sold in that year. On May 6, 1930 her husband gave her 1800 shares of the first stock, and 2,500 of the second, and the cost of these shares to him is concededly the proper “basis” for calculating her profit. The first question is how it should be found. The husband speculated on a large…
2Cases cited4 opinions
- Helvering v. RankinSupreme Court of the United States · 1935
- Davidson v. CommissionerSupreme Court of the United States · 1938
- Miller v. CommissionerCourt of Appeals for the Second Circuit · 1935
- Kraus v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1937
3Cited by6 opinions
- Kluger Associates, Inc. v. CommissionerCourt of Appeals for the Second Circuit · 1980
- Concord Instruments Corp. v. CommissionerUnited States Tax Court · 1994
- Arrott v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1943
- Hall v. Comm'rUnited States Tax Court · 1989
- Hall v. Comm'rUnited States Tax Court · 1989
1 more not listed; retrieve them via the Exa API.