Legal Opinion
Commissioner of Internal Revenue v. Bonwit
Court of Appeals for the Second Circuit
Decided February 8, 1937No. 18-857PublishedCited by 30 opinions
1Opinion of the Court
SWAN, Circuit Judge.
In the year 1928 Bonwit Teller & Co., hereinafter referred to as the corporation, paid premiums of $46,434.90 upon policies of insurance issued on the life of Paul J. Bonwit, the taxpayer whose income tax for that year is in litigation. This appeal presents the question whether certain of the premiums so paid by the corporation constituted taxable income to the respondent.
The policies fall into three groups. One group consists of policies for $175,000 which had been issued on the application of the respondent and named as beneficiaries members of his family or his estate.…
2Cases cited9 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Burnet v. WellsSupreme Court of the United States · 1933
- Wickwire v. ReineckeSupreme Court of the United States · 1927
- Noel v. ParrottCourt of Appeals for the Fourth Circuit · 1926
4 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Willkie v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1942
- Miller v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1944
- Sibla v. CommissionerUnited States Tax Court · 1977
- Silverman v. CommissionerUnited States Tax Court · 1957
- Katharine T. Hyde v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1962
25 more not listed; retrieve them via the Exa API.