Legal Opinion
MacArthur v. Commissioner
Court of Appeals for the Eighth Circuit
Decided June 11, 1948No. 13649PublishedCited by 9 opinions
1Opinion of the Court
THOMAS, Circuit Judge.
This petition to review a decision of The Tax Court (reported at 8 T.C. 279) involves a deficiency in income tax liability for the year 1941.
The income to be considered consists of payments received during the taxable year from two single premium annuity contracts. Not all of such income is taxable. The part subject to tax is determinable under § 22(b) (2) of the Internal Revenue Code, 26 U.S.C.A. Int.Rev.Code, § 22(b) (2).1 This section provides, so far as applicable here, that an amount of such payments received equal to “3 per centum of the aggregate premiums or…
2Cases cited17 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Dobson v. CommissionerSupreme Court of the United States · 1944
- United States v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1915
- United States Fidelity & Guaranty Co. v. Board of Com'rs of Woodson CountyCourt of Appeals for the Eighth Circuit · 1906
- Cole's Estate v. Com'r of Internal RevenueCourt of Appeals for the Eighth Circuit · 1944
12 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Caltex Oil Venture v. Comm'rUnited States Tax Court · 2012
- In Re Adelphia Business Solutions, Inc.United States Bankruptcy Court, S.D. New York · 2005
- Alabama Football, Inc. v. WrightDistrict Court, N.D. Texas · 1977
- Morschauser v. CommissionerUnited States Tax Court · 1958
- Caltex Oil Venture, Caltex Management Corporation, Tax Matters Partner v. CommissionerUnited States Tax Court · 2012
4 more not listed; retrieve them via the Exa API.