Leonard v. Commissioner’s Empirical Analysis

Citation profile

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 3 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. “Prior to the reorganization each petitioner owned two distinct classes of property, namely, common stock and preferred stock. Under the provisions of the revenue act, each had a separate basis upon which to compute gain or loss. If either or both were sold, profit would be computed upon such separate basis”

   1 later decision quote this exact passage
   e.g. Armstrong v. Commissioner

2. “shall be recognized, but in an amount not in excess of the sum of such money and the fair market value of such other property.”

   1 later decision quote this exact passage
   e.g. Walker v. Commissioner