Legal Opinion
Sidney v. Commissioner
Court of Appeals for the Second Circuit
Decided January 6, 1960No. Nos. 82-89, Dockets 25621-25628PublishedCited by 33 opinions
1Opinion of the Court
FRIENDLY, Circuit Judge.
Taxpayers’ petitions seek review of a decision of the Tax Court upholding determinations of the Commissioner that certain distributions to taxpayers as stockholders in two corporations, Kew Terrace, Inc., and Kew Terrace No. 2 Corp-, in 1950 and 1951 were taxable “as gain from the sale or exchange of property which is not a capital asset” under § 117(m) relating to collapsible corporations, added to the Internal Revenue Code of 1939 on September 23, 1950, by § 212 of the Revenue Act of 1950, Ch. 994, 64 Stat. 906, 26 U.S.C.A. § 117(m). Some of the points advanced by…
2Cases cited15 opinions
- Brushaber v. Union Pacific RailroadSupreme Court of the United States · 1916
- Welch v. HenrySupreme Court of the United States · 1938
- Milliken v. United StatesSupreme Court of the United States · 1931
- Untermyer v. AndersonSupreme Court of the United States · 1928
- Graham & Foster v. GoodcellSupreme Court of the United States · 1931
10 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Rose v. CommissionerUnited States Tax Court · 1970
- C. D. Spangler and Veva C. Spangler v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1960
- Rolland L. King and Arlene P. King v. United StatesCourt of Appeals for the Fifth Circuit · 1981
- Buttke v. CommissionerUnited States Tax Court · 1979
- Keniston v. Board of AssessorsMassachusetts Supreme Judicial Court · 1980
28 more not listed; retrieve them via the Exa API.