Legal Opinion
Logan v. Davis
Supreme Court of Delaware
Decided April 22, 1963No. 78PublishedCited by 5 opinions
1Opinion of the Court
Southerland, C. J.:
This is a State income tax case. The question is whether the facts justify a finding of gross understatement of income.
On April 27, 1955, Arthur G. Logan and Averil Logan, the appellants, filed their State income tax return for the year 1954. They set forth in the appropriate schedules of the return the amount of income they believed to be taxable. In Schedule C, relating to capital gains, they reported: “Taxpayers’ only capital gains during 1954 were from interstate transactions not taxable by the State of Delaware. See Freeman v. Hewit, 329 U. S. 249, 67 S. Ct. 274, 91 L.…
2Cases cited3 opinions
- Freeman v. HewitSupreme Court of the United States · 1947
- Colony, Inc. v. CommissionerSupreme Court of the United States · 1958
- State ex rel. Williams v. PurlSupreme Court of Missouri · 1910
3Cited by5 opinions
- Cropper v. Rego Distribution Center, Inc.District Court, D. Delaware · 1982
- Lehman Bros. Bank, FSB v. State Bank CommissionerSupreme Court of Delaware · 2007
- 0.744 of an Acre of Land v. State Ex Rel. State Highway DepartmentSupreme Court of Delaware · 1969
- Restaurants, Inc. v. City of WilmingtonSupreme Court of Delaware · 1971
- State Ex Rel. State Highway Department v. 0.622 Acres of LandSuperior Court of Delaware · 1969