Legal Opinion
Raytheon Production Corp. v. Commissioner of Int. Rev.
Court of Appeals for the First Circuit
Decided July 28, 1944No. 3956PublishedCited by 170 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
This case presents the question whether an amount received by the taxpayer in compromise settlement of a suit for damages under the Federal Anti-Trust Laws, 15 U.S.C.A. § 1 et seq., is a non-taxable return of capital or income. If the recovery is non-taxable, there is a second question as to whether the Tax Court erred in holding that there was insufficient evidence to enable it to determine what part of the lump sum payment received by the taxpayer was properly allocable to compromise of the suit and what part was allocable to payment for certain patent license rights…
2Cases cited14 opinions
- Lyeth v. HoeySupreme Court of the United States · 1938
- United States v. Safety Car Heating & Lighting Co.Supreme Court of the United States · 1936
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
- Helvering v. Safe Deposit & Trust Co. of BaltimoreSupreme Court of the United States · 1942
- H. Liebes & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
9 more not listed; retrieve them via the Exa API.
3Cited by170 opinions
- Harrison E. Spangler and Myrtle B. Spangler v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Paul F. Roemer, Jr. And Marcia E. Roemer v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Robinson v. CommissionerUnited States Tax Court · 1994
- Robert P. Shook and Barbara I. Shook v. United StatesCourt of Appeals for the Eleventh Circuit · 1983
- United States v. Dorothy R. GarberCourt of Appeals for the Fifth Circuit · 1979
165 more not listed; retrieve them via the Exa API.