Legal Opinion
William Louis Albritton v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided August 24, 1957No. 16307PublishedCited by 42 opinions
1Opinion of the Court
CAMERON, Circuit Judge.
This appeal calls for the decision of an issue which is thus stated in the stipulation of facts upon which the case was tried before the Tax Court: “The sole and only issue in all of these cases to be decided by the Court is whether or not receipts from the extraction of gravel from the lands belonging to the taxpayers constituted ordinary income or income subject to the provisions of the capital gains sections of the Internal Revenue Code.” 1 Several leases and several taxpayers operating as partners are involved, but the legal questions presented are identical, and…
2Cases cited13 opinions
- Burnet v. HarmelSupreme Court of the United States · 1932
- Palmer v. BenderSupreme Court of the United States · 1932
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- Anderson v. HelveringSupreme Court of the United States · 1940
- Commissioner v. Southwest Exploration Co.Supreme Court of the United States · 1956
8 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Nathaniel C. Wood and Gertrude L. Wood v. United StatesCourt of Appeals for the Fifth Circuit · 1967
- Arthur S. Barker and Alberta C. Barker v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
- Dann v. CommissionerUnited States Tax Court · 1958
- Earl Vest and Fay Vest, Petitioners-Appellees-Cross v. Commissioner of Internal Revenue, Respondent-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1973
- Charles A. Linehan v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1961
37 more not listed; retrieve them via the Exa API.