Legal Opinion
Scott McCormac and May McCormac v. The United States
United States Court of Claims
Decided April 17, 1970No. 409-65PublishedCited by 13 opinions
1Opinion of the Court
OPINION *
LARAMORE, Judge.
This is an action to recover a deficiency of Federal income taxes assessed and paid for the year 1961. The issues as presented by the parties involve the proper characterization of the cemetery stock transfer underlying this suit, and the tax treatment to be accorded the proceeds derived from that transaction.
The facts in this case are set forth at length in the findings of fact below. Here, they will be summarized only to the extent necessary to explain the basis for the conclusion reached that plaintiffs are not entitled to recover.
Plaintiff Scott McCormac…
2Cases cited11 opinions
- Burnet v. LoganSupreme Court of the United States · 1931
- United States v. DavisSupreme Court of the United States · 1962
- Robinette v. HelveringSupreme Court of the United States · 1943
- Albert Gersten, Myron P. Beck and Ann H. Beck, Milton Gersten and Mary Gersten v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1959
- Chamberlin v. CommissionerUnited States Tax Court · 1959
6 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- In the Matter of Charles A. Steen, Debtor. Dick Dimond, Trustee v. United StatesCourt of Appeals for the Ninth Circuit · 1975
- Warren Jones Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
- Campbell v. United StatesUnited States Court of Claims · 1981
- Warren Jones Co. v. CommissionerUnited States Tax Court · 1973
- Estate of Anne P. Bird, Deceased, Norman L. Bird, Administrator v. United StatesCourt of Appeals for the Sixth Circuit · 1976
8 more not listed; retrieve them via the Exa API.