Capital deductions
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 305 U.S. 281 - White v. United States · 1938Most cited · 690 citing opinions
such deductions as are allowed by section 23 for the purpose of computing net income, and are properly allocable to or chargeable against capital assets sold or exchanged during the taxable year .
How often courts cite the case defining “Capital deductions”
Court decisions citing the opinion that defined “Capital deductions” — 687 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.