Issue
The issue in Helvering v. Gregory is the plaintiff, Helvering, requesting an appeal for a prior
decision which expunged Gregory’s (defendant) deficiency in income taxes (The court favored
with Gregory in that case.) Helvering v. Gregory is in appeals court – U.S. Court of Appeals,
Second Circuit.
Facts
Guy T. Helvering – Plaintiff (Commissioner of Internal Revenue)
Evelyn F. Gregory – (Defendant) Taxpayer
Gregory was the owner of all shares of United Mortgage Company. United Mortgage owned
