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· 2/24/1930

Lucas v. American Code Co.

Citations

  • 280 U.S. 445
  • 50 S. Ct. 202
  • 74 L. Ed. 538
  • 1930 U.S. LEXIS 763
  • 1 C.B. 314
  • 67 A.L.R. 1010
  • 8 A.F.T.R. (P-H) 10278
  • 2 U.S. Tax Cas. (CCH) 483

How courts have described this case

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

  • “Generally speaking, the income-tax law is concerned only with realized losses, as with realized gains.”
  • “Generally speaking, the income[ ]tax law is concerned only with realized losses, as with realized gains.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Brandeis

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.