Phipps v. Helvering’s Empirical Analysis
124 F.2d 292 · 1941
Citation profile
5 federal appellate ·
How this case has been cited
Cited by 7 later decisions — most recently December 1975
5 federal appellate ·
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
Relies on Heiner v. Tindle · Schmidlapp v. Commissioner · Cecil v. Commissioner · Rumsey v. Commissioner · Bolling v. United States
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 7 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
““§ 23. Deductions from gross income. “In computing net income there shall be allowed as deductions: “(a) Expenses. (1) All the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any' trade or business. * * * * * “(e) Losses by Individuals. In the case of an individual, losses sustained during the taxable year and not compensated for by insurance or otherwise— “(1) if incurred in trade or business; or “(2) if incurred in any transaction entered into for profit, though not connected with the trade or business; * * * * * “(Z) Depreciation. A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, * U.S.C.A. Int.Rev.Code, § 23(a), (e) (1, 2), (l).”
1 later decision quote this exact passage
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.