Procedural History
In the ensuing litigation, the Board of Tax Appeals (a predecessor to today’s United States Tax Court) ruled in favor of the taxpayer. See Gregory v. Commissioner, 27 B.T.A. 223 (1932). However, on appeal the United States Court of Appeals for the Second Circuit reversed the Board of Tax Appeals, ruling in favor of the Commissioner. See Helvering v. Gregory, 69 F.2d 809 (2d Cir. 1934).
Read more about this topic: Gregory V. Helvering
Famous quotes containing the word history:
“I believe my ardour for invention springs from his loins. I can’t say that the brassiere will ever take as great a place in history as the steamboat, but I did invent it.”
—Caresse Crosby (1892–1970)