Legal Opinion
Campagna v. United States
District Court, S.D. New York
Decided December 4, 1959No. Civ. No. 90-149PublishedCited by 1 opinion
1Opinion of the Court
SUGARMAN, District Judge.
Plaintiffs sue for the recovery of income taxes claimed to have been erroneously assessed and collected. The refunds claimed are $5,603.79, $12,808.02, $8,-184.70 and $21,235.12, taxes paid on income earned'in the years 1941, 1943,1944 and 1945.
The issue here is whether certain moneys received by plaintiff Marie P. Campagna were ordinary income or capital gains. The income was paid on a bond secured by a purchase money second mortgage covering a certain building on the corner of West 42nd Street and Seventh Avenue, New York City, and also covering the leasehold estate…
2Cases cited5 opinions
- Burnet v. LoganSupreme Court of the United States · 1931
- Arrowsmith v. CommissionerSupreme Court of the United States · 1952
- Helvering v. William Flaccus Oak Leather Co.Supreme Court of the United States · 1941
- Albert Gersten, Myron P. Beck and Ann H. Beck, Milton Gersten and Mary Gersten v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1959
- Wells Amusement Co. v. Commissioner of Int. Rev.Court of Appeals for the Fourth Circuit · 1934
3Cited by1 opinion
- Anthony Campagna and Marie P. Campagna v. United StatesCourt of Appeals for the Second Circuit · 1961