1. Home
  2. Browse Decisions
  3. F.2d
  4. 529 F.2d
  5. 529 F.2d 609 (1976)
 

BROWN v. C. I. R.

No. 74-1386.

529 F.2d 609 (1976)

Charles I. BROWN and Kathleen M. Brown, Petitioners-Appellees, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellant.

United States Court of Appeals, Tenth Circuit.

Decided January 26, 1976.

Attorney(s) appearing for the Case

Ann Belanger Durney, Atty., Dept. of Justice, Washington, D. C. (Scott P. Crampton, Asst. Atty. Gen., Gilbert E. Andrews and Leonard J. Henzke, Jr., Attys., Dept. of Justice, Washington, D. C., on the brief), for respondent-appellant.

Stanley L. Drexler, Denver, Colo. (Dale W. Haines, Denver, Colo., on the brief), for petitioners-appellees.

Before HILL, SETH and HOLLOWAY, Circuit Judges.

HOLLOWAY, Circuit Judge.

The Commissioner appeals a Tax Court decision, T.C. Memo. 1973-275, holding that the taxpayer appellees1 were entitled to deduct as an ordinary and necessary business expense a payment made by appellee Charles Brown in settlement of an alleged liability to his employer under § 16(b) of the Securities Exchange Act of 1934, 15 U.S.C.A. § 78p(b).

The Commissioner...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases