Legal Opinion
Lazier v. United States
Court of Appeals for the Eighth Circuit
Decided November 10, 1948No. 13712PublishedCited by 47 opinions
1Opinion of the Court
SANBORN, Circuit Judge.
The appellant, a North Dakota farmer, engaged exclusively in the business of farming, in the year 1943 sustained a loss of $18,316.99 on a sale of farms and farm machinery used in the operation of his business. Believing that $15,157.65 of this loss constituted a “net operating loss carry-back” within the meaning of § 122 of the Internal Revenue Code, as amended, 26 U.S.C.A.Int.Rev.Code, § 122, and that this “net operating loss carry-back” had the effect of extinguishing his income tax liability for the years 1941, 1942 and 1943, he filed claims for a refund of taxes…
2Cases cited8 opinions
- Dalton v. BowersSupreme Court of the United States · 1932
- Sic v. CommissionerUnited States Tax Court · 1948
- Helvering v. Rebsamen Motors, Inc.Court of Appeals for the Eighth Circuit · 1942
- United States v. Armature Rewinding Co.Court of Appeals for the Eighth Circuit · 1942
- United States v. AdamsonCourt of Appeals for the Ninth Circuit · 1947
3 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Sic v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1949
- United States v. KoshlandCourt of Appeals for the Ninth Circuit · 1954
- Pettit v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1949
- Agran v. ShapiroCalifornia Court of Appeal · 1954
- Commissioner of Internal Revenue v. Richard E. And Helen MoranCourt of Appeals for the Eighth Circuit · 1956
42 more not listed; retrieve them via the Exa API.