United States v. White Dental Co., 274 U.S. 398 (1927) (No. 291)
1927
United States v. White Dental Co., 274 U.S. 398 (1927) (No. 291)
Supreme Court of the United States
1927
Case name: United States v. White Dental Co. Opinion filed: 1927-05-16 Docket No.: 291 Citations: • 274 U.S. 398 • 47 S. Ct. 598 • 71 L. Ed. 1120 • 1927 U.S. LEXIS 38 Case holding summaries: • taxpayer not required to predict American victory in World War I and subsequent establishment of Mixed Claims Commission to award war reparations • "a loss may become complete enough for deduction without the taxpayer's establishing that there is no possibility of eventual recoupment" • holding that a taxpayer need not establish “that there is no possibility of an eventual recoupment” • taxpayer was allowed a deduction in the year of loss despite a later, unexpected gratuitous payment by another party
