Legal Opinion
Rollman v. Commissioner
Court of Appeals for the Fourth Circuit
Decided May 8, 1957No. 7318PublishedCited by 28 opinions
1Opinion of the Court
SOPER, Circuit Judge.
This petition to review decisions of the Tax Court involves deficiencies in income taxes for the years 1948 and 1949 aggregating about $5400. The question presented is whether payments received in these years by a partnership, of which the taxpayers were members, for the transfer of rights in a patent owned by the partnership should be regarded as proceeds of sale of capital assets under § 117 or ordinary income under § 22(a) of the Internal Revenue Code, 1939, 26 U. S.C. §§ 117, 22(a).
The taxpayers, Ernest Rollman, Heinz Rollman, Curt Kaufman and Walter *635Kaufman are…
2Cases cited20 opinions
- Waterman v. MacKenzieSupreme Court of the United States · 1891
- Myers v. Comm'rUnited States Tax Court · 1946
- Commissioner of Internal Revenue v. HopkinsonCourt of Appeals for the Second Circuit · 1942
- Allen, Collector of Internal Revenue v. WernerCourt of Appeals for the Fifth Circuit · 1951
- Orla E. Watson and Edith Watson v. United StatesCourt of Appeals for the Tenth Circuit · 1955
15 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Vaupel Textilmaschinen Kg and Vaupel North America v. Meccanica Euro Italia S.P.A. And American Trim Products, Inc., Defendants/cross-AppellantsCourt of Appeals for the Federal Circuit · 1991
- Bell Intercontinental Corporation v. The United StatesUnited States Court of Claims · 1967
- Arnold Namrow and Lillian Namrow, and Jay C. Maxwell and Dorothy N. Maxwell v. Commissioner of Internal RevnueCourt of Appeals for the Fourth Circuit · 1961
- Coplan v. Comm'rUnited States Tax Court · 1957
- Arthur M. And Ruth F. Young v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1959
23 more not listed; retrieve them via the Exa API.