MacDonald v. Commissioner’s Empirical Analysis
1956
Citation profile
12 federal appellate ·
How this case has been cited
Cited by 24 later decisions (1 by the Supreme Court) — most recently March 1982
12 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.
Appellate journey
reviewedthe decision below (from Illinois Northern District Court)
Relationships
Applies 15 U.S.C. § 78P (§ 16 of the Securities Exchange Act of 1934)
Relies on Helvering v. Tex-Penn Oil Co. · Commissioner v. Smith · Smolowe v. Delendo Corp. · Park & Tilford, Inc. v. Schulte · O'Malley v. Ames
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 24 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“[NJeither the taxpayer nor any other person under similar circumstances would be a willing seller, with knowledge that all profits realized might inure to the benefit of the corporation, and it is doubtful if any person cognizant of the circumstances would become a willing buyer.”
6 later decisions quote this exact passage · from the majority“the shares of . . . stock, regard being had . . . to the terms of a restrictive agreement making a sale thereof impossible, did not have a fair market value, capable of being ascertained with reasonable certainty, when they were acquired by the taxpayers.”
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.