Legal Opinion
McDonald v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided July 7, 1954No. 22597_1PublishedCited by 36 opinions
1Opinion of the Court
CLARK, Circuit Judge.
This petition for review of a decision of the Tax Court of the United States involves the tax treatment under I.R.C. § 117(j) of the proceeds from sale of cattle from a dairy and breeding herd. From the facts found the following appears.
The taxpayer, James M. McDonald, during 1946 was the owner of a dairy and breeding herd of pure bred Guernsey cattle. It was one of the best herds of Guernsey cattle in the country, a status achieved after some 13 years of careful selective breeding. It was the taxpayer’s practice, after carefully controlling the mating of his animals, to…
2Cases cited11 opinions
- Helvering v. GowranSupreme Court of the United States · 1937
- United States v. Bennett (Two Cases). Finch v. Arnold, Acting Collector of Internal Revenue (Two Cases). Birkbeck v. Thomas. Ritchie v. ThomasCourt of Appeals for the Fifth Circuit · 1951
- Albright v. United StatesCourt of Appeals for the Eighth Circuit · 1949
- United States v. PfisterCourt of Appeals for the Eighth Circuit · 1953
- Rosenthal v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1953
6 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- United States v. CattoSupreme Court of the United States · 1966
- United States v. Harold M. Ekberg and Secrie EkbergCourt of Appeals for the Eighth Circuit · 1961
- The Municipal Bond Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1965
- Bernard B. Carter (B. B. Carter) and Tommie Velma Carter, Husband and Wife v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1958
- Malone v. United StatesDistrict Court, N.D. Mississippi · 1971
31 more not listed; retrieve them via the Exa API.