Legal Opinion
Faris v. Helvering
Court of Appeals for the Ninth Circuit
Decided June 4, 1934No. 7129PublishedCited by 8 opinions
1Opinion of the Court
WILBUR, Circuit Judge.
The petitioner seeks a review of the decision of the Board of Tax Appeals affirming the determination hy the Commissioner of Internal Revenue of his income taxes for the years 1923 and 1924, claiming that an item of $100,000 determined hy the Commissioner to be income for 1923 was in fact a distribution of capital, and that an item of $539,706.06 profit on the sale in 1924 of the petitioner’s stock in Faris-Walker, a corporation, should be eliminated.
With reference to the claim that $100,-000 paid to the petitioner by Faris-Walker, a corporation, was capital, the…
2Cases cited13 opinions
- Burnet v. HarmelSupreme Court of the United States · 1932
- Burnet v. HoustonSupreme Court of the United States · 1931
- Weiss v. WeinerSupreme Court of the United States · 1929
- Hellmich v. HellmanSupreme Court of the United States · 1928
- Helvering v. CanfieldSupreme Court of the United States · 1934
8 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Rheinstrom v. ConnerCourt of Appeals for the Sixth Circuit · 1942
- Uniform Printing & Supply Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1937
- King v. United StatesCourt of Appeals for the Fourth Circuit · 1935
- Bass v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1942
- Wilcox v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1943
3 more not listed; retrieve them via the Exa API.