Judge(s) sitting, Henry Friendly, Wilfred Feinberg, Oscar Hirsh Davis (U.S. Court
of Claims, sitting by designation). Case opinions. Majority, Friendly, joined by
Feinberg, Davis. Laws applied. Inte...
COMMISSIONER OF INTERNAL REVENUE. Circuit Court of Appeals, Seventh
Circuit. 115 F.2d 656 (7th Cir. 1940). HIRSCH v. COMMISSIONER OF INTERNAL
Aug 8, 2016 ... MICHAEL D. HIRSCH AND JANE HIRSCH, Petitioners v. COMMISSIONER OF
INTERNAL REVENUE, Respondent. Docket No. 28402-13S.
Commissioner of Internal Revenue, 306 F.2d 207 (8th Cir. 1962). 10 ... Hirsch v.
Commissioner of Internal Revenue, 315 F.2d 731, 738 (9th Cir. 1963). 13.
The Commissioner of Internal Revenue appeals the United States Tax ..... 147 F.
2d at 456-57 (doctrine does not apply to third-party transactions), with Hirsch v.
The Commissioner of Internal Revenue petitions for a review of the decision of
the .... Hirsch v. Commissioner of Internal Revenue, 7 Cir., 115 F.2d 656, bears ...
Commissioner of Internal Revenue, 44 B.T.A. 425. ... Hirsch v. Commissioner, 7
Cir., 115 F.2d 656; Helvering v. A. L. Killian Co., 8 Cir., 128 F.2d 433; Gehring ...
The Internal Revenue Code provides specifically"' that, as to the cred- itor, the .....
basis give rise to ordinary income is the rule of Commissioner v. Carter.44.
The income tax problems arising from debt cancellation will con- front every
lawyer who ... 22(a), Internal Revenue Code. ... (2) Hirsch theory: Property is
purchased and part of the pur- .... Commissioner, 115 F. (2d) 656 (1940) ; Allen v.
Co. v. Commissioner, 36 B.T.A. 340, 344-46 (1937) (income realized when bonds
... income.3 Section 61(a)(12) of the Internal Revenue Code (Code) only.