Legal Opinion
Commissioner of Internal Revenue v. Boylston Market Ass'n
Court of Appeals for the First Circuit
Decided December 11, 1942No. 3783PublishedCited by 51 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
The Board of Tax Appeals reversed a determination by the Commissioner of Internal Revenue of deficiencies in the Boylston Market Association’s income tax of $835.34 for the year 1936, and $431.84 for the year 1938, and the Commissioner has appealed.
The taxpayer in the course of its business, which is the management of real estate owned by it, purchased from time to time fire and other insurance policies covering periods of three or more years. It keeps its books and makes its returns on a cash receipts and disbursements basis. The taxpayer has since 1915 deducted each…
2Cases cited11 opinions
- Bonwit Teller & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1931
- Baton Coal Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1931
- Main & McKinney Bldg. Co., of Houston v. CommissionerCourt of Appeals for the Fifth Circuit · 1940
- Home Trust Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1933
- Parkersburg Iron & Steel Co. v. BurnetCourt of Appeals for the Fourth Circuit · 1931
6 more not listed; retrieve them via the Exa API.
3Cited by51 opinions
- Sandor v. CommissionerUnited States Tax Court · 1974
- G. Douglas Burck and Marjorie W. Burck v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1976
- Van Raden v. CommissionerUnited States Tax Court · 1979
- Denver & R. G. W. R. Co. v. CommissionerUnited States Tax Court · 1959
- Edward R. Godfrey and Georgia G. Godfrey v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1964
46 more not listed; retrieve them via the Exa API.