Tags: Case, Legal Case, Supreme Court Of The United States Case, Unit Of Work.
Commissioner v. Wilcox 327 U.S. 404 (1946) was a case decided by the Supreme Court of the United States.The issue presented in this case was whether embezzled money constituted taxable income to the embezzler under § 22(a) of the Internal Revenue Code of 1939.Although the Court ruled that the embezzlement income was not taxable to the embezzler in Wilcox the Court later overruled this holding in James v. United States.