Matter of Weil

How courts have described this case

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

• stating that deductions are a matter of legislative grace for which taxpayers must prove their entitlement
• suggesting that a taxpayer may deduct the amounts spent in satisfying the debts of a subsidiary if the assumption is “dependent upon a corresponding service or benefit rendered to the” taxpayer
• stating rule that an income tax deduction is a matter of legislative grace and that the burden of clearly showing the right to the claimed deduction is on the taxpayer
• stating “the now familiar rule that an income tax deduction is a matter of legislative grace and that the burden of clearly showing the right to the claimed deduction is on the taxpayer”
• payment by parent company to cover subsidiary’s operating deficit is not deductible as a business expense
• “[A]n income tax deduction is a matter of legislative grace and the burden of clearly showing the right to the claimed deduction is on the taxpayer.”

Source: CourtListener parenthetical corpus (CC0).