Legal Opinion
Daniel D. And Agnes H. Palmer v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided September 30, 1975No. 75-1102PublishedCited by 81 opinions
1Opinion of the Court
GIBSON, Chief Judge.
Appellants, Daniel D. and Agnes H. Palmer (hereafter taxpayers), appeal from that part of a judgment of the United States Tax Court 1 determining that they did not overpay income taxes for the year 1966 due to their alleged undervaluation of 238 shares of corporate stock of the Palmer College of Chiropractic donated to the Palmer College Foundation, a nonprofit corporation. In their 1966 joint return, taxpayers valued the stock at $863 per share. The Commissioner assessed a deficiency challenging their right to a charitable deduction on grounds not at issue here, 2 and…
2Cases cited12 opinions
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Marie H. Hamm v. Commissioner of Internal Revenue, William Hamm, Jr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1963
- Palmer v. CommissionerUnited States Tax Court · 1974
- Richard R. Riss, Sr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1973
- Powers v. CommissionerSupreme Court of the United States · 1941
7 more not listed; retrieve them via the Exa API.
3Cited by81 opinions
- Seymour Silverman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1976
- Waddell v. CommissionerUnited States Tax Court · 1986
- Rauenhorst v. Comm'rUnited States Tax Court · 2002
- Walter L. Gross, Jr. And Barbara H. Gross (99-2239) Calvin C. Linnemann and Patricia G. Linnemann (99-2257) v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 2001
- Cal-Maine Foods, Inc. v. CommissionerUnited States Tax Court · 1989
76 more not listed; retrieve them via the Exa API.