Sansome rule
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 336 U.S. 410 - Commissioner v. Phipps · 1949Most cited · 109 citing opinions
the effect of the Sansome rule is simply this: a distribution of assets that would have been taxable as dividends absent the reorganization or liquidation does not lose that character by virtue of the tax-free transaction.
How often courts cite the case defining “Sansome rule”
Court decisions citing the opinion that defined “Sansome rule” — 109 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.