Legal Opinion
Lee v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided March 28, 1942No. 9878PublishedCited by 22 opinions
1Opinion of the Court
HUTCHESON, Circuit Judge.
In an opinion 1 fully finding the facts and developing the principles thought to be controlling, as to oil payment contracts petitioners had acquired at different times and under differing circumstances the Board declared; that the interest of petitioner was an interest in the oil in place; “that they must look to depletion for the recovery of their cost and may not recoup cost out of production before being required to report any of the proceeds as gross income” [42 B.T.A. 1217, 1228]; and entered its decision and order accordingly. Petitioners invoking Commissioner…
2Cases cited8 opinions
- Anderson v. HelveringSupreme Court of the United States · 1940
- Columbia Oil & Gas Co. v. Commissioner of Internal Rev.Court of Appeals for the Fifth Circuit · 1941
- Dearing v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1939
- Lee v. CommissionerUnited States Board of Tax Appeals · 1940
- Fleming v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1941
3 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- William H. Zuhone, Jr. And Audra M. Zuhone v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1989
- United States v. Raymond H. Witte and Lillian B. WitteCourt of Appeals for the Fifth Circuit · 1962
- D. K. Caldwell v. Ellis Campbell, Jr., Former Collector of Internal RevenueCourt of Appeals for the Fifth Circuit · 1955
- Nordan v. CommissionerUnited States Tax Court · 1954
- Laster v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Fifth Circuit · 1942
17 more not listed; retrieve them via the Exa API.