Confirm favorite deletion?
Income Tax Keyed to Bankman
Perez v. Commissioner
Citation:144 T.C. 51 (2015)
Petitioner contracted with an egg donation company called Donor Source International, LLC, which specializes in connecting egg donors with infertile women and couples. The contract Petitioner signed provided that she must participate in good faith to produce eggs and that she would be compensated for her time, effort, inconvenience, pain and suffering. Petitioner would still receive compensation even if at the end of the process she did not produce any viable eggs. Petitioner was able to produce eggs and repeated the process again, earning $20,000 in a year. Petitioner failed to report this compensation as income, claiming that it was excludable as damages for physical injury under § 104(a)(2) of the Internal Revenue Code.
Only StudyBuddy Pro offers the complete Case Brief Anatomy*
Access the most important case brief elements for optimal case understanding.
*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
Topic:Identifies the topic of law and where this case fits within your course outline.
Parties:Identifies the cast of characters involved in the case.
Procedural Posture & History:Shares the case history with how lower courts have ruled on the matter.
Case Key Terms, Acts, Doctrines, etc.:A case specific Legal Term Dictionary.
Case Doctrines, Acts, Statutes, Amendments and Treatises:Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
Brief Facts:A Synopsis of the Facts of the case.
Rule of Law:Identifies the Legal Principle the Court used in deciding the case.
Facts:What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case.
Issue(s):Lists the Questions of Law that are raised by the Facts of the case.
Holding:Shares the Court's answer to the legal questions raised in the issue.
Concurring / Dissenting Opinions:Includes valuable concurring or dissenting opinions and their key points.
Reasoning and Analysis:Identifies the chain of argument(s) which led the judges to rule as they did.