Jones v. Commissioner’s Empirical Analysis
103 F.2d 681 · 1939
Citation profile
21 federal appellate · 3 district ·
How this case has been cited
Cited by 37 later decisions — most recently February 2004 · most notably Morton v. Commissioner of Internal Revenue (1940), Steadman v. Commissioner (1970)
21 federal appellate · 3 district ·
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Applies 26 U.S.C. § 23
Relies on Welch v. Helvering · Old Colony Trust Co. v. Commissioner · Helvering v. National Grocery Co. · Lucas v. American Code Co. · United States v. S S White Dental Mfg Co of Pennsylvania
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 37 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““Art. 23 (e)-4. Shrinkage in value of stocks.- — A person possessing stock of a corporation can not deduct from gross income any amount claimed as a loss merely on account of shrinkage in value of such stock through fluctuation of the market or otherwise. The loss allowable in such cases is that actually suffered when the stock is disposed of. If stock of a corporation becomes worthless, its cost or other basis as determined and adjusted under section 113 is deductible by the owner for the taxable year in which the stock became worthless, provided a satisfactory showing is made of its worthlessness.””
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.