Legal Opinion
Commissioner v. Berkeley Hall School, Inc.
Court of Appeals for the Ninth Circuit
Decided June 22, 1936No. 8122PublishedCited by 2 opinions
1Opinion of the Court
DENMAN, Circuit Judge.
The petitioner seeks reversal of a decision of the Board of Tax Appeals determining nontaxable certain income to respondent, a corporation organized to engage in teaching for profit. The claimed profit arose from a real estate purchase development subdivision and sale trust, in general form like many from Southern California which have received our consideration.
The trust provided for the purchase by the trustee from the seller of 72 acres of land in Beverly Hills, Los Angeles county, Cal., on which purchase there had been a down payment of $10,000. The balance was to be…
2Cases cited5 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Corliss v. BowersSupreme Court of the United States · 1930
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Barreda v. SilsbeeSupreme Court of the United States · 1859
- Levering v. Indemnity Ins. Co. of North AmericaCourt of Appeals for the Ninth Circuit · 1931
3Cited by2 opinions
- Roche's Beach, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1938
- Roche's Beach, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1938