26 U.S.C. § 955

Repealed. Pub. L. 115–97, title I, § 14212(a), Dec. 22, 2017, 131 Stat. 2217]

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[repealed]

Notes of Decisions
Cited in 82 cases, 1928–1985 · leading case: Welch v. Helvering, 290 U.S. 111 (1933).
Welch v. Helvering, 290 U.S. 111 (1933). “253 , 269, § 214; 26 U.S.C. § 955 ; Revenue Act of 1926, c.”
Brown v. Helvering, 291 U.S. 193 (1934). “26 U.S.C. § 955 . Many reserves set up by prudent business men are not allowable as deductions.”
Menihan v. Comm'r of Internal Revenue, 79 F.2d 304 (2d Cir. 1935). · cites it 4× “9 (26 USCA § 955). They are in all respects, except in amount, the same as the deduction allowed in 1925 The Commissioner declined to follow his former ruling.”
Shiman v. Comm'r of Internal Revenue, 60 F.2d 65 (2d Cir. 1932). · cites it 2× “The statute, section 204 (a) and (b) of the Act of *67 1924 20 USCA § 935 (a, b) and note, fixes the “eosi” of property acquired after March 3, L9L3, as the basis for losses which may be deducted under section 214 (a) (4,5), 26 USCA § 955 (a) (4, 5). A man who buys property at…”
Underwood v. Comm'r of Internal Revenue, 56 F.2d 67 (4th Cir. 1932). · cites it 2× “269 (26 USCA § 955 and note). It was obvious to the Board, from the evidence before it, that the sums of $68,080.”
Davison v. Comm'r of Internal Revenue, 60 F.2d 50 (2d Cir. 1932). · cites it 2× “269 , 271, 26 USCA § 955 (a) (10), and a deduction of $260 for 1926, under the same section of the Revenue Act of 1926, 44 Stat.”
Squier v. Comm'r of Internal Revenue, 68 F.2d 25 (2d Cir. 1933). · cites it 2× “26 , § 214 (a) (4, 5, 7), 26 USCA § 955 & 4’'5’ 7), which gov-em the Present Sltuatl0n’ ® foUows: Sec.”
Carroll v. Comm'r of Internal Revenue, 70 F.2d 806 (5th Cir. 1934). · cites it 2× “" 26 USCA §§ 955 (a) (9), 959 (c). An applicable statute provided: "(a) The basis for determining the gain or loss from the sale or other disposition of property acquired after February 28, 1913, shall be the cost of such property; except that — * * * "(4) If the property was…”
Doggett v. Burnet, 65 F.2d 191 (D.C. Cir. 1933). “9 , 26 (26 USCA § 955(a) (1), as follows: “In computing net income there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or…”
Hart v. Comm'r of Internal Revenue, 54 F.2d 848 (1st Cir. 1932). “Revenue Act of 1926, § 214 (a), 26 USCA § 955 (a) (2), provides: “In eomput *852 ing net income there shall be allowed as deductions: * * * (2) All interest paid or accrued within the taxable year on indebtedness, except on indebtedness incurred or continued to purchase or carry…”
Blackmer v. Comm'r, 70 F.2d 255 (2d Cir. 1934). “9 , 26 (26 USCA § 955 (a). During 1927, the taxpayer was under theatrical management, in New York City and elsewhere,- for thirty-nine weeks.”
Darling v. Comm'r of Internal Revenue, 49 F.2d 111 (4th Cir. 1931). “The statute applicable to this issue is section 214 (a) (5) of the Revenue Act of 1924, 26 USCA § 955 (a) (5), which section provides as follows: “Sec.”
— 26 U.S.C. § 955(a) — 11 cases
Doggett v. Burnet, 65 F.2d 191 (D.C. Cir. 1933). “9 , 26 (26 USCA § 955(a) (1), as follows: “In computing net income there shall be allowed as deductions: (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including a reasonable allowance for salaries or…”
Jones v. Comm'r of Internal Revenue, 38 F.2d 550 (7th Cir. 1930).
Earle v. Comm'r of Internal Revenue, 72 F.2d 366 (2d Cir. 1934).
Redfield v. Eaton, 53 F.2d 693 (D. Conn. 1931).
Rose v. Grant, 39 F.2d 338 (5th Cir. 1930).
— 26 U.S.C. § 955(a)(8) — 2 cases
Buckwalter v. Comm'r, 61 F.2d 571 (6th Cir. 1932).
Grant v. Rose, 32 F.2d 812 (N.D. Ga. 1929).
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.