McPherson v. Helvering

MARTIN, Chief Justice.

This appeal involves income taxes for the calendar years 1922, 1923, and 1924, which were assessed against appellant under the Revenue Act of 1921, c. 136, 42 Stat. 227, 237, § 213 (a), and the Revenue Act of 1924, c. 234, 43 Stat. 253, 267, § 213 (a), 26 USCA § 954 (a).

Section 213 (a) of each act reads as follows:

“See. 213. That for the purposes of this title (except as otherwise provided in section 233) the term ‘gross income’ — (a) Includes gains, profits, and income derived from salaries, wages, or compensation for personal service ® * of whatever kind and in

whatever…