Legal Opinion
Biddle Avenue Realty Corp. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided February 15, 1938No. 7351PublishedCited by 4 opinions
1Opinion of the Court
RAYMOND, District Judge.
This is a petition to review an order of the Board of Tax Appeals assessing a deficiency infcome tax against petitioner for the fiscal year ended April 30, 1929, in the sum of $15,110.35. While there are numerous assignments of error, there is accord that the fundamental issue is whether the taxpayer did on or about November 1, 1928, sell real estate known as the “Detroit Plant” of the Detroit Shipbuilding Company to the James S. Holden Company for the sum of $1,278,750, realizing a profit therefrom of $215,000 or whether the transaction was, in fact, merely a sale or…
2Cases cited6 opinions
- Bogardus v. CommissionerSupreme Court of the United States · 1937
- Burnet v. LeiningerSupreme Court of the United States · 1932
- Palmer v. CommissionerSupreme Court of the United States · 1937
- Founders General Corp. v. HoeySupreme Court of the United States · 1937
- Loomis v. PingreeSupreme Judicial Court of Maine · 1857
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Chamberlin v. CommissionerCourt of Appeals for the Sixth Circuit · 1953
- Chamberlin v. Commissioner of Internal Revenue (Two Cases). Toner v. Commissioner of Internal Revenue. Carl v. Commissioner of Internal Revenue. Schrock v. Commissioner of Internal Revenue. Pierce v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1953
- Bartley v. KarasCalifornia Court of Appeal · 1983
- Keith v. KeithMissouri Court of Appeals · 1980