losses sustained
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
must be evidenced by closed and completed transactions, fixed by identifiable events, bona fide and actually sustained during the taxable period for which allowed
How often courts cite the case defining “losses sustained”
Court decisions citing the opinion that defined “losses sustained” — 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.