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:
“Most people see no reason to stop arguing just because an issue has been decided.”
—Mason Cooley (b. 1927)
“Modern equalitarian societies ... whether democratic or authoritarian in their political forms, always base themselves on the claim that they are making life happier.... Happiness thus becomes the chief political issue—in a sense, the only political issue—and for that reason it can never be treated as an issue at all.”
—Robert Warshow (1917–1955)
“I did never know so full a voice issue from so empty a heart.
But the saying is true: “The empty vessel makes the greatest
sound.””
—William Shakespeare (1564–1616)