Legal Opinion
Lynch v. Commissioner
Court of Appeals for the Second Circuit
Decided December 17, 1959No. Nos. 148, 149, Docket 25821, 25822PublishedCited by 62 opinions
1Opinion of the Court
FRIENDLY, Circuit Judge.
These are petitions to review two decisions of the Tax Court, 31 T.C. 990 and 998, adverse to the taxpayers. Both cases arise out of a plan for reducing income taxes by deductions for the alleged payment of interest on loans to finance *869the purchase of Government bonds, which was devised by M. Eli Livingstone. Decisions favorable to the government in cases at least broadly similar have been rendered by the Court of Appeals for the First Circuit in Goodstein v. Commissioner, 1958, 267 F.2d 127 and Sonnabend v. Commissioner, 1 Cir., 1958, 267 F.2d 319, affirming…
2Cases cited9 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Griffiths v. CommissionerSupreme Court of the United States · 1939
- Eli D. Goodstein v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Eli D. GoodsteinCourt of Appeals for the First Circuit · 1959
- Goodstein v. CommissionerUnited States Tax Court · 1958
4 more not listed; retrieve them via the Exa API.
3Cited by62 opinions
- Estate of Charles T. Franklin, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1976
- Karme v. CommissionerUnited States Tax Court · 1980
- Odend'hal v. CommissionerUnited States Tax Court · 1983
- Stanton v. CommissionerUnited States Tax Court · 1960
- Bridges v. CommissionerUnited States Tax Court · 1963
57 more not listed; retrieve them via the Exa API.