Legal Opinion
M. S. Millikin, and M. S. Millikin and Dorothy P. Millikin v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided January 31, 1962No. 8445PublishedCited by 30 opinions
1Opinion of the Court
HAYNSWORTH, Circuit Judge.
The petitioners seek a review of a decision of the Tax Court determining deficiencies of income tax for the years 1945 through 1950, and approving the-Commissioner’s imposition of fraud penalties. Its determination was based upon net worth computations. The principal contention here revolves around the husband’s claim to have had a cash hoard of $40,000 at the opening of the net worth period. We think the evidence justified the finding of the Tax Court that he had no more than $6,000 in cash at that time, and that it supports the other findings and conclusions of…
2Cases cited8 opinions
- Holland v. United StatesSupreme Court of the United States · 1955
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Lewis Thurston Anderson and Clyde Velma Anderson, Lewis Thurston Anderson v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1957
- Etta Potson Bodoglau, Administratrix of the Estate of Michael Potson, Deceased v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
- Howard Davis v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
3 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Joseph Solomon v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1984
- Professional Services v. CommissionerUnited States Tax Court · 1982
- Grant Foster and Barbara Dunn Foster v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1968
- Thomas W. Banks v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1963
- Barbara M. Cornett v. Joseph A. Califano, Jr., Secretary of Health, Education and WelfareCourt of Appeals for the Fourth Circuit · 1978
25 more not listed; retrieve them via the Exa API.