Legal Opinion
C.B. And Ida N. Christie v. United States
Court of Appeals for the Fifth Circuit
Decided January 27, 1971No. 29796_1PublishedCited by 20 opinions
1Opinion of the Court
AINSWORTH, Circuit Judge:
The Government appeals from an adverse District Court decision in favor of Taxpayers, C. B. and Ida N. Christie, on their claim for refund of income taxes paid for the calendar year 1964. At issue is the question of ownership of an in place on property covered by a certain mineral lease in Texas. The District Court held that an assignment of an oil production payment by Taxpayers to Waldo E. Karren-brock transferred an economic interest 1 to him, so that the oil production income attributable to the payment was not taxable to Taxpayers. We reverse.
The facts were…
2Cases cited9 opinions
- Palmer v. BenderSupreme Court of the United States · 1932
- Anderson v. HelveringSupreme Court of the United States · 1940
- Commissioner v. Southwest Exploration Co.Supreme Court of the United States · 1956
- Thomas v. PerkinsSupreme Court of the United States · 1937
- Estate of H. H. Weinert, Deceased, Jane W. Blumberg, and Hilda B. Weinert v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1961
4 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Brountas v. CommissionerUnited States Tax Court · 1979
- Paul P. Brountas v. Commissioner of Internal Revenue, Paul P. And Lynn T. Brountas v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1982
- Gibson Products Co. Kell Blvd. v. United StatesCourt of Appeals for the Fifth Circuit · 1981
- Finley W. Holbrook and Faith Holbrook v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1971
- H.J. Freede Josephine W. Freede Roger S. Folsom and Mary M. Folsom v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1989
15 more not listed; retrieve them via the Exa API.