Court index
Supreme Court tax cases
Seeded tax cases from the Supreme Court in United States.
Country
United States
Court
Supreme Court
Cases
5
1991
Cottage Savings Association v. Commissioner
499 U.S. 554 (1991)
A loss is realized when exchanged properties are materially different, even if they are economically similar in broad market terms.
1987
Commissioner v. Groetzinger
480 U.S. 23 (1987)
A taxpayer who pursued gambling full time, regularly, and for livelihood was engaged in a trade or business.
1943
Moline Properties, Inc. v. Commissioner
319 U.S. 436 (1943)
A corporation remains a separate taxable entity when it was formed for a business purpose or actually carried on business activity.
1941
Higgins v. Commissioner
312 U.S. 212 (1941)
Managing one's own investments, even extensively, did not amount to carrying on a trade or business for the deduction sought.
1940
Deputy v. du Pont
308 U.S. 488 (1940)
The claimed expenditures were not deductible as ordinary and necessary business expenses of the taxpayer's own business.
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.