Legal Opinion
Slayton v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided March 26, 1935No. 2950PublishedCited by 12 opinions
1Opinion of the Court
WILSON, Circuit Judge.
This is a petition by a taxpayer for a review of a decision of the Board of Tax Appeals under section 1003 (a) (b) of the Revenue Act of 1926 (26 USCA § 1226 (a, b). It involves a deficiency tax for the year 1928. The deficiency tax was, assessed by reason of a refusal by the Commissioner to allow a deduction for a loss of approximately $139,000, due to an alleged sale by the taxpayer of 1,500 shares of stock in the Hoyt Shoe Company. The stock at the time of sale was represented by trust certificates which were transferable. They were a part of a large issue of such…
2Cases cited18 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Interstate Commerce Commission v. Louisville & Nashville RailroadSupreme Court of the United States · 1913
- Interstate Commerce Commission v. Union Pacific RailroadSupreme Court of the United States · 1912
13 more not listed; retrieve them via the Exa API.
3Cited by12 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
- Pascarelli v. CommissionerUnited States Tax Court · 1971
- Powell v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1938
- St. Louis Union Trust Co. v. United StatesCourt of Appeals for the Eighth Circuit · 1936
7 more not listed; retrieve them via the Exa API.