Legal Opinion
Commissioner of Internal Revenue v. Dyer
Court of Appeals for the Second Circuit
Decided January 14, 1935No. 124PublishedCited by 16 opinions
1Opinion of the Court
SWAN, Circuit Judge.
For each of the years in question the Commissioner disallowed a deduction claimed by the taxpayer as a loss sustained on a sale of shares of stock, and determined a tax deficiency. Upon appeal by the taxpayer, the Board of Tax Appeals held that the losses were proper deductions and reduced the deficiencies accordingly. The Commissioner seeks a reversal oñ this order. The case was heard by the Board upon stipulated facts.
In 1927 the respondent, Mr. Dyer, and six others were all the stockholders and directors of Lamborn & Co. This corporation owned all the capital stock of…
2Cases cited6 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- United States v. IshamSupreme Court of the United States · 1873
- Bullen v. WisconsinSupreme Court of the United States · 1916
- Helvering v. GregoryCourt of Appeals for the Second Circuit · 1934
- Iowa Bridge Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1930
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Shoenberg v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1935
- Du Pont v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1941
- Helvering v. JohnsonCourt of Appeals for the Eighth Circuit · 1939
- Kind v. ClarkCourt of Appeals for the Second Circuit · 1947
- Richardson v. SmithCourt of Appeals for the Second Circuit · 1939
11 more not listed; retrieve them via the Exa API.