Legal Opinion
Vesper Co. v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided November 3, 1942No. 12257PublishedCited by 14 opinions
1Opinion of the Court
JOHNSEN, Circuit Judge.
Petitioner seeks a review of a decision of the Board of Tax Appeals, 44 B.T.A. 1274, which redetermined a deficiency cf $3,285.19 in its income tax for the year 1936.
The deficiency arose out of petitioner’'! attempt to deduct as a capital loss, under section 115(c) and (i) of the Revenue Act of 1936, 1 26 U.S.C.A. Internal Revenue Acts, pages 868 and 871, the difference be • tween the amount received by it from a purported redemption and cancellation by West Side Buick Auto Company of par. of the capital stock of that corporation and the sum which petitioner had paid…
2Cases cited17 opinions
- McGuire v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1936
- Hirsch v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1941
- Hyman v. HelveringCourt of Appeals for the D.C. Circuit · 1934
- Randolph v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1935
- Brown v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1935
12 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- United States v. Gerald and Gladys CareyCourt of Appeals for the Eighth Circuit · 1961
- Commissioner of Internal Revenue v. SullivanCourt of Appeals for the Fifth Circuit · 1954
- Leicht v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1943
- Heman v. CommissionerCourt of Appeals for the Eighth Circuit · 1960
- Owensboro Wagon Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1954
9 more not listed; retrieve them via the Exa API.