Prentiss M. Brown, Jr., and Margaret D. Brown v. United States

How courts have described this case

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

• “The purpose of the provisions now contained in Section 212 was to create a parity of treatment between such nonbusiness expenses and similar business expenses which had long been deductible.”
• valuation costs originated in negotiations to sell stock, not deductible

Source: CourtListener parenthetical corpus (CC0).