Helvering v. Owens

Supreme Court of the United States · Decided 1939-01-03

Cited by 241 later decision(s) in our corpus · see the citation network in Lexace

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Mr. Justice Roberts delivered the opinion of the Court. The courts below have given opposing .answers to the question whether the basis for determining the amount of a loss sustained during the taxable year through injury to property not used in a trade or business, and therefore not the subject of an annual depreciation allowance, should be original cost or v…

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