Bryant v. Commissioner
United States Tax Court
1. In a prior proceeding between the same parties involving the year 1935, the issue submitted to the Board of Tax Appeals, and on review of the Board's decision to the Circuit Court of Appeals, was whether interest received on certain municipal bonds was exempt from tax.
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1. In a prior proceeding between the same parties involving the year 1935, the issue submitted to the Board of Tax Appeals, and on review of the Board's decision to the Circuit Court of Appeals, was whether interest received on certain municipal bonds was exempt from tax. Included in the net amount stated as the amount in controversy was an amount designated "Bonus on overpayments and penalties" which was not otherwise explained but which in fact represented premiums received on the redemption of bonds prior to maturity and penalties received on default in payment at the time of maturity.…
1Opinion of the Court
Susanna Bixby Bryant, Petitioner, v. Commissioner of Internal Revenue, Respondent
Bryant v. Commissioner
Docket No. 110052
United States Tax Court
2 T.C. 789; 1943 U.S. Tax Ct. LEXIS 54;
September 29, 1943, Promulgated
Decision will be entered under Rule 50.
1. In a prior proceeding between the same parties involving the year 1935, the issue submitted to the Board of Tax Appeals, and on review of the Board's decision to the Circuit Court of Appeals, was whether interest received on certain municipal bonds was exempt from tax. Included in the net amount stated as the amount in controversy was an…
2Cases cited7 opinions
- Cromwell v. County of SacSupreme Court of the United States · 1877
- New Orleans v. Citizens' BankSupreme Court of the United States · 1897
- Last Chance Mining Co. v. Tyler Mining Co.Supreme Court of the United States · 1895
- District Bond Co. v. CommissionerUnited States Tax Court · 1943
- Bryant v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1940
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