Legal Opinion
Cooper v. United States
Supreme Court of the United States
Decided February 24, 1930No. 93PublishedCited by 101 opinions
1Opinion of the CourtJustice McReynolds
Petitioner paid income taxes assessed according to her return for the calendar year 1921; thereafter, by suit in the Court of Claims she sought to recover a portion of the same ($8,474.90) with interest, which she alleged had been improperly exacted.
Her return showed $36,670.00 as gain derived from-the sale of 380 shares of bank stock sold November 7, 1921, at $210.00 per share. She acquired this stock November 1, 1921, by gift from her husband. On that day its fair market value was $210.00 per share; in 1918 it cost her husband $113.50 per share.
The challenged assessment was made under…
2Cases cited7 opinions
- Brushaber v. Union Pacific RailroadSupreme Court of the United States · 1916
- Nichols v. CoolidgeSupreme Court of the United States · 1927
- Blodgett v. HoldenSupreme Court of the United States · 1927
- Untermyer v. AndersonSupreme Court of the United States · 1928
- Shwab v. DoyleSupreme Court of the United States · 1922
2 more not listed; retrieve them via the Exa API.
3Cited by101 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Welch v. HenrySupreme Court of the United States · 1938
- Burnet v. WellsSupreme Court of the United States · 1933
- Milliken v. United StatesSupreme Court of the United States · 1931
- United States v. CarltonSupreme Court of the United States · 1994
96 more not listed; retrieve them via the Exa API.