Issue
The issue presented to the United States Supreme Court was whether the portion of a money judgment or settlement paid to a taxpayer's attorney under a contingent-fee agreement is income to the taxpayer for federal income tax purposes.
Read more about this topic: Commissioner V. Banks
Famous quotes containing the word issue:
“The reason child care is such a loaded issue is that when we talk about it, we are always tacitly talking about motherhood. And when we’re talking about motherhood we’re always tacitly assuming that child care must be a very dim second to full-time mother care.”
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“The issue is a mighty one for all people and all time; and whoever aids the right, will be appreciated and remembered.”
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