Clarence Co. v. Commissioner’s Empirical Analysis

Citation profile

1 federal appellate ·

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

1. “(c) Alternative Taxes.— (1) Corporations. — If for any taxable year the net long-term capital gain of any corporation exceeds the net short-term capital loss, there shaU be levied, collected, and paid, in lieu of the tax imposed by sections 13, 14, 15, 204, 207 (a) (1) or (3.), and 500, a tax determined as follows, if and only if such tax is less than the tax imposed by such sections: A partial tax shall first be .computed upon the net income reduced by the amount of such excess, at the rates and in the manner as if this subsection had not been enacted, and the total tax shall be the partial tax plus 25 per centum of such excess.”

   1 later decision quote this exact passage
   e.g. Delaware Realty & Inv. Co. v. Commissioner

2. “(a) Additional Deductions. — There shall be allowed as deductions— (1) Federal Income, war-profits, and excess-profits taxes paid or accrued during the taxable year to the extent not allowed as a deduction under section 23; but not Including the tax imposed by section 102, section 500, or a section of a prior income-tax law corresponding to either of such sections.”

   1 later decision quote this exact passage
   e.g. Delaware Realty & Inv. Co. v. Commissioner