Legal Opinion
Commissioner of Internal Revenue v. Union Pac. R. Co.
Court of Appeals for the Second Circuit
Decided November 30, 1936No. 94PublishedCited by 83 opinions
1Opinion of the Court
MANTON, Circuit Judge.
This petition seeks a review of deficiencies in income taxes for the years 1924-1925-1926. The review involves three issues which will be referred to for convenience as “Sale of Block 394 Seattle Tide Lands”; “Sale to Kansas City Terminal Ry. Co.,” and “Prior to 1909 Equipment Depreciation.” The first two concern the sale of real property by an affiliate of respondent, and the third concerns the amount of loss which the taxpayer was entitled to deduct upon the retirement of rolling stock in 1924.
On May 1, 1920, an affiliate, Oregon & Washington Railroad Company, entered…
2Cases cited16 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Lucas v. North Texas Lumber Co.Supreme Court of the United States · 1930
- Helvering v. SalvageSupreme Court of the United States · 1936
- Helvering v. Brooklyn City R. Co.Court of Appeals for the Second Circuit · 1934
11 more not listed; retrieve them via the Exa API.
3Cited by83 opinions
- Marcello v. CommissionerUnited States Tax Court · 1964
- Ross v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1948
- Merrill v. CommissionerUnited States Tax Court · 1963
- Commissioner of Internal Revenue v. SegallCourt of Appeals for the Sixth Circuit · 1940
- Floyd R. Clodfelter and Enna L. Clodfelter v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1970
78 more not listed; retrieve them via the Exa API.