Estate of Michael Newman, Deceased, Sidney Newman, and Alice Newman, and Alice Newman v. Commissioner of Internal Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “contusion as to the theoretical basis for taxing discharges of indebtedness has spawned an illogical, judge-made ‘insolvency exception’”
• “confusion as to the theoretical basis for taxing discharges of indebtedness has spawned an illogical, judge-made `insolvency exception'”

Source: CourtListener parenthetical corpus (CC0).