Legal Opinion
Friend v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided February 26, 1941No. 7373PublishedCited by 29 opinions
1Opinion of the Court
MAJOR, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals finding deficiencies in the income taxes of the Executors of the estate of Henry Friend for the calendar years of 1934 and 1935, in the amounts of $3404.01 and $194.95 respectively.
At the time of the death of Henry Friend on August 1, 1932, he was the owner of two parcels of real estate. One of these, located at 6308-6310 South Halsted Street, Chicago, was, in 1920, leased for a period of 99 years. The lessee paid .to the decedent the sum of $75,000, representing the value of the improvements thereon. The…
2Cases cited10 opinions
- Weiss v. WeinerSupreme Court of the United States · 1929
- Igleheart v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1935
- Helvering v. Missouri State Life Ins. Co.Court of Appeals for the Eighth Circuit · 1934
- Commissioner of Internal Rev. v. Terre Haute Elec. Co.Court of Appeals for the Seventh Circuit · 1933
- Falk Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1932
5 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Commissioner of Internal Revenue v. Moore. Moore v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1953
- Commissioner of Internal Revenue v. Indiana Broadcasting CorporationCourt of Appeals for the Seventh Circuit · 1965
- Koch v. CommissionerUnited States Tax Court · 1978
- Bell v. Harrison. Bell v. United StatesCourt of Appeals for the Seventh Circuit · 1954
- Schubert v. CommissionerUnited States Tax Court · 1960
24 more not listed; retrieve them via the Exa API.