Tax Lawyer's Blog

Paul Caron has a cool list of the 10 most frequently cited tax cases:

In our Tax Stories book, we took a stab at identifying what we think are the ten most influential income tax cases of all time. Here is a back of the envelope calculation of the federal citations to the ten cases in Tax Stories:

(You can buy Tax Stories at Amazon.com. I did.)

Last November I blogged about the 5 Most Earth Shattering Tax Opinions Ever Written. 

Four of the cases I cited in that post are included in Professor Caron’s list:

• Lucas v. Earl - The substance rather than the form of a transaction controls its tax treatment.
• Kirby Lumber - Debt forgiveness/cancellation is taxable income.
• INDOPCO - Costs that result in “significant future benefit” must be capitalized.
• Crane - Debt assumed by the buyer is the equivalent of money received by the seller.

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