Legal Opinion
Elverson Corporation v. Helvering
Court of Appeals for the Second Circuit
Decided August 4, 1941No. 360PublishedCited by 17 opinions
1Opinion of the Court
L. HAND, Circuit Judge.
This case comes up upon petitions by the taxpayer and the Commissioner to review an order of the Board of Tax Appeals which modified and affirmed a deficiency assessed for the year 1934 against the taxpayer upon its income tax and excess profits tax, and which expunged an assessment against it as a “personal holding company” for surtax and penalty. The question upon the taxpayer’s appeal is whether by a transaction which occurred on October 17, 1934, the taxpayer “realized” a “gain” within the meaning of § 22 (a) of the Act of 1934, 26 U.S.C.A. Int.Rev.Acts, page 669,…
2Cases cited6 opinions
- Palmer v. CommissionerSupreme Court of the United States · 1937
- Fairbanks v. United StatesSupreme Court of the United States · 1939
- Bingham v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1939
- National Bank of Commerce v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1940
- Helvering v. RothCourt of Appeals for the Second Circuit · 1940
1 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Seymour Silverman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1976
- Estate of Beck v. Comm'rUnited States Tax Court · 1971
- National Lead Company v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
- Commissioner of Internal Revenue v. Sisto F. Corp.Court of Appeals for the Second Circuit · 1943
- Haag v. CommissionerUnited States Tax Court · 1963
12 more not listed; retrieve them via the Exa API.