Legal Opinion
Havemeyer v. United States
United States Court of Claims
Decided April 2, 1945No. 45775PublishedCited by 9 opinions
1Opinion of the Court
LITTLETON, Judge.
The two principal questions presented are whether, for the purpose of the gift tax, a taxpayer may submit evidence to prove that the actual fair market value of a large block of stock of a corporation made the subject of a gift on a certain date is less on the date of the gift than the mean between the highest and lowest selling prices of a comparatively small number of shares of such stock on the Stock Exchange on such date; and, if so, the fair market value of the shares of such large block of stock under all the circumstances and conditions affecting or having a material…
2Cases cited8 opinions
- Standard Oil Co. of NJ v. Southern Pacific Co.Supreme Court of the United States · 1925
- Hazeltine Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1937
- Helvering v. Safe Deposit & Trust Co. of BaltimoreCourt of Appeals for the Fourth Circuit · 1938
- Helvering v. MaytagCourt of Appeals for the Eighth Circuit · 1942
- Du Pont v. CommissionerUnited States Tax Court · 1943
3 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Maytag v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1951
- State v. WagnerSupreme Court of Minnesota · 1951
- States v. HavemeyerSupreme Court of the United States · 1945
- United States v. Charles Focht, an Individual, and Mark Focht, an Individual, Doing Business Under the Name Liberty IndustriesCourt of Appeals for the Third Circuit · 1989
- Campbell's Estate v. KavanaghDistrict Court, E.D. Michigan · 1953
4 more not listed; retrieve them via the Exa API.