taxable gain
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 309 U.S. 461 - Helvering v. Bruun · 1940Most cited · 294 citing opinions
It is not necessary to recognition of taxable gain that he should be able to sever the improvement begetting the gain from his original capital. If that were necessary, no income could arise from the exchange of property; whereas such gain has always been recognized as realized taxable gain.
How often courts cite the case defining “taxable gain”
Court decisions citing the opinion that defined “taxable gain” — 294 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.