Home/Fifth Circuit/Leonard Hyatt and Maudie Hyatt v. Commissioner of Internal Revenue

Leonard Hyatt and Maudie Hyatt v. Commissioner of Internal Revenue

325 F.2d 715
CourtCourt of Appeals for the Fifth Circuit
DecidedJanuary 31, 1964
Docket20503_1
StatusPublished
Cited by11 cases

This text of 325 F.2d 715 (Leonard Hyatt and Maudie Hyatt v. Commissioner of Internal Revenue) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fifth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Leonard Hyatt and Maudie Hyatt v. Commissioner of Internal Revenue, 325 F.2d 715 (5th Cir. 1964).

Opinion

PER CURIAM.

This case presents a factual situation indistinguishable for the purposes of the controlling legal principle from our deci *716 sion in United States v. Eidson, (5th Cir. 1962) 310 F.2d 111. It follows that the decision of the Tax Court, that amounts received by the taxpayers upon assignment of their rights under a general agency contract for a Texas statewide mutual assessment life insurance company were taxable as ordinary income, was correct, and that it should be and is affirmed.

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Related

Mingo v. Commissioner
773 F.3d 629 (Fifth Circuit, 2014)
Ledoux v. Commissioner
77 T.C. 293 (U.S. Tax Court, 1981)
Furrer v. Commissioner
1976 T.C. Memo. 331 (U.S. Tax Court, 1976)
Kingsbury v. Commissioner
65 T.C. 1068 (U.S. Tax Court, 1976)
Realty Loan Corp. v. Commissioner
54 T.C. 1083 (U.S. Tax Court, 1970)
Kathman v. Commissioner
50 T.C. 125 (U.S. Tax Court, 1968)
Pridemark, Inc. v. Commissioner
42 T.C. 510 (U.S. Tax Court, 1964)

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Bluebook (online)
325 F.2d 715, Counsel Stack Legal Research, https://law.counselstack.com/opinion/leonard-hyatt-and-maudie-hyatt-v-commissioner-of-internal-revenue-ca5-1964.