estimating how much of embezzled funds were attributable to taxpayer as income
How later courts described this case
- estimating how much of embezzled funds were attributable to taxpayer as income
Written by the judges who cited it.
The opinion
FINNEGAN, Circuit Judge
(concurring in the result).
It seems plain that by releasing Mrs. Prokop, the Union waived all its rights and claims in sums exceeding $36,000, leaving this taxpayer well outside the scope of Commissioner of Internal Revenue v. Wilcox, 1946, 327 U.S. 404 , 66 S.Ct. 546 , 90 L.Ed. 752 .