Legal Opinion
Davis v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided October 15, 1945No. 13077PublishedCited by 33 opinions
1Opinion of the Court
SANBORN, Circuit Judge.
This is a petition to review a decision of the Tax Court, determining a deficiency in petitioner’s income tax for the year 1937. 4 T.C. 329.
The petitioner, who was the principal stockholder and chief officer of the Western Auto Supply Company, owned, in 1937, 168,936 shares of its new $10 par value common stock. To enable him to sell, through underwriters, 60,000 of these shares, it was necessary to register them with the Securities and Exchange Commission. The expenses incurred by petitioner in connection with this registration amounted to $5,000. He sold, in 1937,…
2Cases cited10 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Commissioner v. HeiningerSupreme Court of the United States · 1943
- Higgins v. CommissionerSupreme Court of the United States · 1941
- Kornhauser v. United StatesSupreme Court of the United States · 1928
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
5 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Southern Pacific Transp. Co. v. CommissionerUnited States Tax Court · 1980
- Harrison E. Spangler and Myrtle B. Spangler v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Industrial Aggregate Company, a Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1960
- Munson v. McGinnesCourt of Appeals for the Third Circuit · 1960
- Iowa Southern Utilities Company, a Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1964
28 more not listed; retrieve them via the Exa API.