Legal Opinion
Marko Durovic v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided October 21, 1976No. 76-1380PublishedCited by 8 opinions
1Opinion of the Court
SPRECHER, Circuit Judge.
The salient issue in this appeal is the proper method of converting Argentine pesos into United States dollars for income tax purposes. What appears to be a simple question has so far required two Tax Court decisions and two appeals to this court.
I
This income tax case is another chapter in the history of the controversial drug Krebiozen, 1 developed by Dr. Stevan Durovic, and financed in part by his brother, Marko Durovic, the appellant-taxpayer in this case.
The Tax Court originally entered its decision on April 20, 1972, in accordance with its opinion in 54 T.C. 1364,…
2Cases cited12 opinions
- Barr v. United StatesSupreme Court of the United States · 1945
- Durovic v. CommissionerUnited States Tax Court · 1970
- Marko Durovic v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1973
- Houston Chronicle Publishing Company, Plaintiff-Appellee-Cross v. United States of America, Defendant-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1973
- Winn-Dixie Montgomery, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1971
7 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Southern Pacific Transp. Co. v. CommissionerUnited States Tax Court · 1980
- Ncnb Corporation, a North Carolina Corporation North Carolina National Bank v. United StatesCourt of Appeals for the Fourth Circuit · 1981
- Durovic v. CommissionerUnited States Tax Court · 1985
- RJR Nabisco v. CommissionerUnited States Tax Court · 1998
- Durovic v. CommissionerUnited States Tax Court · 1985
3 more not listed; retrieve them via the Exa API.