Legal Opinion
M. Lloyd Freese and Dorothy M. Freese v. United States
Court of Appeals for the Tenth Circuit
Decided April 10, 1972No. 71-1193PublishedCited by 23 opinions
1Opinion of the Court
WILLIAM E. DOYLE, Circuit Judge.
This cause is a tax refund suit in which Dorothy M. Freese, as executrix of the estate of M. Lloyd Freese, deceased, seeks to recover income taxes and interest in the total amount of $234,190.-27. The action revolves around a lump sum payment totaling $555,000 received by M. Lloyd Freese in 1965, pursuant to a contract of compromise and settlement. The demand of plaintiff represents the difference between ordinary income on which the tax was paid and the amount of tax payable under capital gain treatment. Freese maintains that the sum distributed was not…
2Cases cited14 opinions
- Commissioner v. CulbertsonSupreme Court of the United States · 1949
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Commissioner v. P. G. Lake, Inc.Supreme Court of the United States · 1958
- Flora v. United StatesSupreme Court of the United States · 1958
- United States v. Felt & Tarrant Manufacturing Co.Supreme Court of the United States · 1931
9 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Marilyn Wheeler v. Main HurdmanCourt of Appeals for the Tenth Circuit · 1987
- P & M CATTLE CO. v. HollerWyoming Supreme Court · 1977
- Kingsbury v. CommissionerUnited States Tax Court · 1976
- Stone v. First Wyoming Bank N. A.Court of Appeals for the Tenth Circuit · 1980
- George A. Angle v. United StatesCourt of Appeals for the Tenth Circuit · 1993
18 more not listed; retrieve them via the Exa API.