Opinion

Thompson v. Commissioner

  • 10 B.T.A. 25
  • 1928 BTA LEXIS 4219
Court
United States Board of Tax Appeals
Filed
Jan 19, 1928
Status
Published
Author
Steerin
On the bench
Steerin, Green, Milliken
Cited by
9 cases

The opinion

Steerin',

dissenting: It seems to me that the result of the above opinion is correct if it can rest upon the broad ground that depletion based upon discovery value was intended to be given only to the discoverer, but that it is wrong if it is necessary to the decision to hold that the word “ purchase ” includes acquisition by gift. It seems clear to me that it does not.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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