Legal Opinion
Spitzer v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided March 6, 1946No. 13168PublishedCited by 17 opinions
1Opinion of the Court
RIDDICK, Circuit Judge.
On October 15, 1940, petitioner gave to his wife 75 shares of common stock of the Forest City Manufacturing Company. In his gift tax return for the calendar year 1940 petitioner reported the stock at a value of $186 a share. Petitioner intended the value of the stock to be reported at $286 a share, the book value as of December 31, 1939.' He admits liability for whatever difference in tax results because of this error, caused by a mistake made in calculation by the accountant who prepared the gift tax return. The Commissioner fixed the value of the stock at $500 a share…
2Cases cited19 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Boehm v. CommissionerSupreme Court of the United States · 1945
- Helvering v. SalvageSupreme Court of the United States · 1936
- Wilson v. BowersCourt of Appeals for the Second Circuit · 1932
- Lomb v. SugdenCourt of Appeals for the Second Circuit · 1936
14 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Estate of Reynolds v. CommissionerUnited States Tax Court · 1970
- Harwood v. CommissionerUnited States Tax Court · 1984
- Ward v. CommissionerUnited States Tax Court · 1986
- Estate of True v. CommissionerCourt of Appeals for the Tenth Circuit · 2004
- John S. Noell, M. D. v. Peter B. Bensinger, Administrator, Drug Enforcement AdministrationCourt of Appeals for the Fifth Circuit · 1978
12 more not listed; retrieve them via the Exa API.