Issues
- Whether the value of a 1962 Chevrolet Corvette won by Paul Hornung (taxpayer) for his performance in the 1961 National Football League championship game should be included in his gross income for the taxable year 1962;
- Whether the value of the use of the 1962 Thunderbird automobiles furnished to Hornung by Ford should be included in gross income for the taxable year 1962;
- Whether Hornung's gross income for 1962 should include the value of a fur stole received by his mother from his employer.
Read more about this topic: Hornung V. Commissioner
Famous quotes containing the word issues:
“The current flows fast and furious. It issues in a spate of words from the loudspeakers and the politicians. Every day they tell us that we are a free people fighting to defend freedom. That is the current that has whirled the young airman up into the sky and keeps him circulating there among the clouds. Down here, with a roof to cover us and a gasmask handy, it is our business to puncture gasbags and discover the seeds of truth.”
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