Legal Opinion
McCullough v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided January 14, 1946No. 16PublishedCited by 7 opinions
1Opinion of the Court
SWAN, Circuit Judge.
In 1940 the taxpayer sold certain shares of common stock of Standard Oil Company of California, which he had acquired by gift from his mother in 1929, His mother made the gift from a larger number of shares of such stock, some of which she had acquired as income beneficiary for life under her deceased husband’s will, others of which she had acquired as dividends on and a split-up of the shares received by her from her husband’s estate, and the remainder of which she had acquired by exercising subscription rights. The question in litigation is whether the taxpayer realized…
2Cases cited10 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Irwin v. GavitSupreme Court of the United States · 1925
- Helvering v. SalvageSupreme Court of the United States · 1936
- Plunkett v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1941
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Herald A. O'Neill and G. Evelyn O'neill, His Wife v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1959
- The South Bay Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1965
- Commissioner of Internal Revenue v. Mellon. Commissioner of Internal Revenue v. ScaifeCourt of Appeals for the Third Circuit · 1950
- Gloria M. Packard Polt, Estate of Robert L. Dula, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1956
- Charles S. Dovey, Sr. v. United States of America. Emma R. Dovey, of the Estate of Francis S. Dovey, Deceased v. United StatesCourt of Appeals for the Third Circuit · 1958
2 more not listed; retrieve them via the Exa API.