practical test
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 326 U.S. 287 - Boehm v. Commissioner · 1945Most cited · 1,005 citing opinions
loss year
The general requirement that losses be deducted in the year in which they are sustained calls for a practical, not a legal, test. The standard for determining the year for deduction of a loss is thus a flexible, practical one, varying according to the circumstances of each case.
How often courts cite the case defining “practical test”
Court decisions citing the opinion that defined “practical test” — 1,005 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.