Legal Opinion
Swiren v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided July 14, 1950No. 10100_1PublishedCited by 42 opinions
1Opinion of the Court
DUFFY, Circuit Judge.
This is a petition to review and set aside a decision of the Tax Court1 which affirmed the Commissioner’s determination that the gain realized by taxpayer upon the sale of a partnership interest was taxable as ordinary income rather than gain on the sale of a capital asset.
Taxpayer is an attorney at law who was admitted to practice in Illinois in 1927. His first place of employment was with the law firm of Levinson, Becker, Frank, Glenn and Barnes. The firm was nationally known, and the members thereof were of prominence in the legal profession. One became a U. S. Circuit…
2Cases cited19 opinions
- Williams v. McGowanCourt of Appeals for the Second Circuit · 1945
- Helvering v. SmithCourt of Appeals for the Second Circuit · 1937
- Lindley v. MurphyIllinois Supreme Court · 1944
- Commissioner of Internal Revenue v. ShapiroCourt of Appeals for the Sixth Circuit · 1942
- Stilgenbaur v. United StatesCourt of Appeals for the Ninth Circuit · 1940
14 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- James M. Tunnell, Jr., and Mildred S. Tunnell v. United StatesCourt of Appeals for the Third Circuit · 1958
- Paul W. Trousdale v. Commissioner of Internal Revenue, Marguerite R. Trousdale v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
- United States v. SnowCourt of Appeals for the Ninth Circuit · 1955
- Woody v. CommissionerUnited States Tax Court · 1952
- Meyer v. United StatesCourt of Appeals for the Seventh Circuit · 1954
37 more not listed; retrieve them via the Exa API.