Legal Opinion
Evans v. Kavanagh
District Court, E.D. Michigan
Decided October 19, 1949No. 4983, 5526PublishedCited by 10 opinions
1Opinion of the Court
LEVIN, District Judge.
These consolidated actions are brought for the refund of alleged overpayments of taxes. There is no controversy as to the amounts. The issues presented are:
I. Whether profits received by the taxpayer in each of the years 1938, 1939, 1940 and 1941 under contracts made in 1936 and 1937 for the disposition of certain patents and patent rights are capital gains or ordinary income.
II. Whether the taxpayer is entitled to a bad debt deduction for 1940 under Section 23 (k) of the Internal Revenue Code, 26 U. S.C.A. § 23(k), as contended by the taxpayer ; or whether the deduction…
2Cases cited8 opinions
- Waterman v. MacKenzieSupreme Court of the United States · 1891
- United States v. KalesSupreme Court of the United States · 1941
- Durkee v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1947
- Kenyon v. Automatic Instrument Co.Court of Appeals for the Sixth Circuit · 1947
- Night Hawk Leasing Co. v. United StatesUnited States Court of Claims · 1937
3 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Newton v. United StatesUnited States Court of Claims · 1958
- Ruge v. Comm'rUnited States Tax Court · 1956
- United States v. KrasnovDistrict Court, E.D. Pennsylvania · 1956
- Lámar v. GrangerDistrict Court, W.D. Pennsylvania · 1951
- First National Bank of Princeton v. United StatesDistrict Court, D. New Jersey · 1955
5 more not listed; retrieve them via the Exa API.