Peck v. Commissioner’s Empirical Analysis
1936
Citation profile
7
cited by 7 later decisions
February 1945
most recently cited
2 federal appellate ·
Relationships
Relies on Slee v. Commissioner · Belden v. Commissioner · Smith v. Commissioner · Upmeyer v. Commissioner · Strickland v. Commissioner
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“show that the recipient of his contribution is both organized and operated exclusively for the purposes specified by the statute.”
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.