Legal Opinion
Hughes v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided February 5, 1930No. 144PublishedCited by 36 opinions
1Opinion of the Court
MeDERMOTT, Circuit Judge.
The petitioner claimed a eredit, in his 1922 income tax return, for a loss of $32,-493.19 carried over from* 1921 under the provisions of section 204 of the Revenue Act of 1921 (42' Stat. 231). The Commissioner figured the allowable-credit to be $2,029.88, and notified the petitioner of a deficiency assessment in the sum of $11,799.97. The Board of Tax Appeals sustained the Commissioner, and the ease is here for review.
The facts are found by the Board, and are not in dispute. During the year 1921, the petitioner was engaged in four' pursuits for the purpose of a…
2Cases cited13 opinions
- Church of the Holy Trinity v. United StatesSupreme Court of the United States · 1892
- Flint v. Stone Tracy Co.Supreme Court of the United States · 1911
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Takao Ozawa v. United StatesSupreme Court of the United States · 1922
- United States v. Ninety-Nine DiamondsCourt of Appeals for the Eighth Circuit · 1905
8 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Bixby v. CommissionerUnited States Tax Court · 1972
- Whipple v. CommissionerSupreme Court of the United States · 1963
- John M. Trent and Lisa M. Trent v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1961
- Washburn v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1931
- Wilkes-Barre Carriage Co. v. CommissionerUnited States Tax Court · 1963
31 more not listed; retrieve them via the Exa API.