Legal Opinion
Van Suetendael v. COMMISSIONER OF INTERNAL REVENUE
Court of Appeals for the Second Circuit
Decided December 31, 1945No. 39-41PublishedCited by 23 opinions
1Per curiam
The taxpayer, Achille O. Van Suetendael, sustained losses on sales of securities in each of the tax years 1936, 1937 and 1938. He claimed to be a dealer in securities and sought to deduct from his gross income for the respective years the full amount of his losses. The commissioner determined that the securities were capital assets and subject to the limitations upon loss set forth in section 117 of the Revenue Acts of 1936 and 1938, 26 U.S.C.A. Int.Rev.Code, § 117. The Tax Court sustained the commissioner. To show that the securities sold were not “capital assets” within the definition of…
2Cases cited4 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
- Boehm v. CommissionerSupreme Court of the United States · 1945
- Commissioner v. Scottish American Investment Co.Supreme Court of the United States · 1945
3Cited by23 opinions
- John Factor v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1960
- Andrew Crispo Gallery, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1994
- Kemon v. CommissionerUnited States Tax Court · 1951
- Stephen Marrin and Jane Marrin v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1998
- Estate of Ferber v. CommissionerUnited States Tax Court · 1954
18 more not listed; retrieve them via the Exa API.