Legal Opinion
McWilliams v. Commissioner
Supreme Court of the United States
Decided June 16, 1947No. 945PublishedCited by 119 opinions
1Opinion of the CourtChief Justice Vinson
The facts of these cases are not in dispute. John P. McWilliams, petitioner in No. 945, had for a number of years managed the large independent estate of his wife, petitioner in No. 947, as well as his own. On several occasions in 1940 and 1941 he ordered his broker to sell certain stock for the account of one of the two and to buy the same number of shares of the same stock for the other, at as nearly the same price as possible. He told the broker that his purpose was to establish tax losses. On each occasion the sale and purchase were promptly negotiated through the Stock Exchange, and the…
2Cases cited11 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
- Shoenberg v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1935
- Commissioner of Internal Revenue v. IckelheimerCourt of Appeals for the Second Circuit · 1943
- Commissioner of Internal Revenue v. KohnCourt of Appeals for the Fourth Circuit · 1946
6 more not listed; retrieve them via the Exa API.
3Cited by119 opinions
- T. J. Starker v. United StatesCourt of Appeals for the Ninth Circuit · 1979
- Smith v. CommissionerUnited States Tax Court · 1982
- Metzger Trust v. CommissionerUnited States Tax Court · 1981
- Commissioner of Internal Revenue v. WhitneyCourt of Appeals for the Second Circuit · 1948
- David Metzger Trust v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1982
114 more not listed; retrieve them via the Exa API.