Legal Opinion
Hartley v. Commissioner
Supreme Court of the United States
Decided May 20, 1935No. 602PublishedCited by 50 opinions
1Opinion of the CourtJustice Stone
The Court of Appeals for the Eighth Circuit, 72 F. (2d) 352, affirmed a ruling of the Board of Tax Appeals, 27 B. T. A. 952, and held that under § 202 of the Revenue Act of 1921, c. 136, 42 Stat. 227, 229, and § 204 of the Revenue Act of 1924, c. 234, 43 Stat. 253, 258, the basis for computing gain or loss on the sale of property, and its depletion or depreciation, for purposes of taxing income returned by the petitioner, an executor, is its value at the date of the decedent’s death, rather than the cost to the decedent, or the value on March 1, 1913, if acquired before that date.
We granted…
2Cases cited7 opinions
- Brewster v. GageSupreme Court of the United States · 1930
- Helvering v. New York Trust Co.Supreme Court of the United States · 1934
- Merchants' Loan & Trust Co. v. SmietankaSupreme Court of the United States · 1921
- Old Mission Portland Cement Co. v. HelveringSupreme Court of the United States · 1934
- Heiner v. TindleSupreme Court of the United States · 1928
2 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- Richard William Boyd v. United StatesCourt of Appeals for the Ninth Circuit · 1959
- In Re Taxes for 1961 on Real Estate Owned by Cold Spring Granite Co.Supreme Court of Minnesota · 1965
- Herbert's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1943
- Wilbur v. CommissionerUnited States Tax Court · 1964
- Walker v. United StatesCourt of Appeals for the Eighth Circuit · 1936
45 more not listed; retrieve them via the Exa API.