Turner v. Commissioner
United States Tax Court
13 T.C.M. (CCH) 462, T.C. Memo 1954-38 (1954)
Facts
Mr. and Mrs. Turner (plaintiffs) filed joint income-tax returns that included, as part of the Turners’ gross income, $520 to represent the value that the Turners ascribed to a pair of first-class cruise tickets awarded to Mr. Turner in a radio contest. The pair of cruise tickets was nontransferable and was subject to expiration and certain other restrictions. Mr. Turner had negotiated with the cruise company to exchange the two first-class tickets for four tourist-class tickets to a different destination, enabling the Turners to bring their two sons along on the cruise. The commissioner for the Bureau of Internal Revenue (defendant) issued a deficiency notice, holding that the value of the pair of tickets was $2,200, which was the retail price. The Turners petitioned the United States Tax Court for a determination.
Rule of Law
Issue
Holding and Reasoning ()
What to do next…
Here's why 707,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 44,500 briefs, keyed to 983 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.
