Legal Opinion
Helvering v. Gregory
Court of Appeals for the Second Circuit
Decided March 19, 1934No. 324PublishedCited by 235 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
This is an appeal (petition to review), by the Commissioner of Internal Revenue from ■ an order of the Board of Tax Appeals expunging a deficiency in income taxes for the year 1928. The facts were as follows: The taxpayer owned all the shares of the United Mortgage Corporation, among whose assets were some of the shares of another company, the Monitor Securities Corporation. In 1928 it became possible to sell the Monitor shares at a large profit, but if this bad been done directly, the United Mortgage Corporation would have been obliged to pay a normal tax on the…
2Cases cited7 opinions
- United States v. PhellisSupreme Court of the United States · 1921
- Pinellas Ice & Cold Storage Co. v. CommissionerSupreme Court of the United States · 1933
- United States v. IshamSupreme Court of the United States · 1873
- Bullen v. WisconsinSupreme Court of the United States · 1916
- Rockefeller v. United StatesSupreme Court of the United States · 1921
2 more not listed; retrieve them via the Exa API.
3Cited by235 opinions
- Recklitis v. CommissionerUnited States Tax Court · 1988
- Glass v. CommissionerUnited States Tax Court · 1986
- Ernest J. Saviano and Margaret Saviano v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1985
- United States v. CoplanCourt of Appeals for the Second Circuit · 2012
- Louis Buddy Yosha v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1988
230 more not listed; retrieve them via the Exa API.