Legal Opinion
Dunbar v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided April 21, 1941No. 7520PublishedCited by 20 opinions
1Opinion of the Court
BRIGGLE, District Judge.
Petitioner appeals from an order of the Board of Tax Appeals, sustaining a finding of the Commissioner of Internal Revenue that petitioner had not established his right to a deduction from his income for the year 1935, claimed on account of an alleged loss of $6,615 by reason of the alleged worthlessness of certain shares of the capital stock of the California and Oregon Lumber Company.
The facts are not in dispute and disclose that in 1924 the taxpayer purchased for the sum of $6,615, 528 shares of such stock which he continued to hold at all pertinent times. The…
2Cases cited17 opinions
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Gould v. GouldSupreme Court of the United States · 1917
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Weiss v. WeinerSupreme Court of the United States · 1929
- Helvering v. RankinSupreme Court of the United States · 1935
12 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Sperry Gyroscope Co. v. National Labor Relations BoardCourt of Appeals for the Second Circuit · 1942
- Miami Beach Bay Shore Co. v. CommissionerCourt of Appeals for the Fifth Circuit · 1943
- San Joaquin Brick Co. v. Commissioner of Int. Rev.Court of Appeals for the Ninth Circuit · 1942
- Rassieur v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1942
- Nelson v. United StatesCourt of Appeals for the Eighth Circuit · 1942
15 more not listed; retrieve them via the Exa API.