Name_____________________
Case Reviewed CIR v. Glenshaw Glass Co., 348 US 426 (1955)
Facts
The Commissioner of the Internal Revenue Service (IRS) obtained certiorari to litigate two
independent cases with an identical issue. The issue is one of statutory interpretation of IRC §
22(a). The two defendants, Glenshaw Glass Co. and William Goldman Theatres, Inc. received
$800,000 and $375,000, respectively, as settlements for recovery of gross income and punitive
damages. Both the…
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