Legal Opinion
Bert v. Helvering
Court of Appeals for the D.C. Circuit
Decided June 30, 1937No. 6893PublishedCited by 20 opinions
1Opinion of the CourtGroner, J.
This is a tax case arising under the Revenue Act of 1928. Section 13 of the act (26 U.S.C.A. § 13 and note) imposes a tax of 12 per cent, on the net income of every corporation, and section 701(a)(2), 26 U.S.C.A. § 1696(3) and note provides:
“The term ‘corporation’ includes associations, joint-stock companies, and insurance companies.”
The question in this case is whether a group of persons associated together for the purpose of speculating in the stock of Sears, Roebuck & Co. is an association within the meaning of the above-quoted section of the 1928 act. The Board on rehearing held against…
2Cases cited11 opinions
- Morrissey v. CommissionerSupreme Court of the United States · 1935
- Hecht v. MalleySupreme Court of the United States · 1924
- Helvering v. Coleman-Gilbert AssociatesSupreme Court of the United States · 1935
- Hecht v. MalleySupreme Court of the United States · 1924
- Swanson v. CommissionerSupreme Court of the United States · 1935
6 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Commissioner of Internal Rev. v. Horseshoe L. SyndicateCourt of Appeals for the Fifth Circuit · 1940
- Second Carey Trust v. HelveringCourt of Appeals for the D.C. Circuit · 1942
- Del Mar Addition v. Commissioner of Internal Rev.Court of Appeals for the Fifth Circuit · 1940
- Fidelity-Bankers Trust Co. v. HelveringCourt of Appeals for the D.C. Circuit · 1940
- John Province 1 Well v. CommissionerUnited States Tax Court · 1961
15 more not listed; retrieve them via the Exa API.