CSX Corp. v. Commissioner
United States Tax Court
P is the common parent corporation of an affiliated group of corporations involved in various railroad related activities.
Read the full summary
P is the common parent corporation of an affiliated group of corporations involved in various railroad related activities. In the consolidated Federal corporation income tax returns filed for the 1972 and 1973 calendar years, certain member corporations of the affiliated group changed their method of depreciation from the 200-percent declining-balance method (DDB) to the straight-line method of depreciation, with respect to certain assets placed in service before Jan. 1, 1971. Beginning in 1973, certain member corporations of the affiliated group also began including in the depreciable basis…
1Opinion of the Court
CSX Corporation, as Successor by Merger to Chessie System, Inc., and Affiliated Companies, Petitioner v. Commissioner of Internal Revenue, Respondent
CSX Corp. v. Commissioner
Docket Nos. 7521-82, 30341-83
United States Tax Court
89 T.C. 134; 1987 U.S. Tax Ct. LEXIS 104; 89 T.C. No. 14;
July 23, 1987. July 23, 1987, Filed
Decisions will be entered under Rule 155.
P is the common parent corporation of an affiliated group of corporations involved in various railroad related activities. In the consolidated Federal corporation income tax returns filed for the 1972 and 1973 calendar years, certain member…
2Cases cited28 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- United States v. CorrellSupreme Court of the United States · 1967
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Burnet v. HoustonSupreme Court of the United States · 1931
- Russell v. PlaceSupreme Court of the United States · 1877
23 more not listed; retrieve them via the Exa API.