Legal Opinion
Birch Ranch & Oil Co. v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided January 9, 1946No. 10959PublishedCited by 4 opinions
1Opinion of the Court
ORR, Circuit Judge.
Petitioner will be referred to herein as taxpayer, and respondent as the Commissioner. Taxpayer claimed deductions of $120,000 on its income tax return for each of the years 1937 and 1939. It had accrued this amount on its books to cover interest on $2,000,000 of bonds issued by a California Reclamation District. The Commissioner disallowed the claims with the exception of an item of $600 paid to a Mrs. Minter as interest on certain of the bonds held by her. Taxpayer petitioned the United States Tax Court for a redeter-mination. That court allowed taxpayer a further…
2Cases cited5 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Niles Bement Pond Co. v. United StatesSupreme Court of the United States · 1930
- Cecil v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1939
- Stern v. CommissionerUnited States Board of Tax Appeals · 1928
3Cited by4 opinions
- Commissioner of Internal Revenue v. Birch Ranch & Oil CoCourt of Appeals for the Ninth Circuit · 1951
- Harvey v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1949
- J. F. Stevenhagen Co. v. CommissionerUnited States Tax Court · 1975
- Commissioner of Internal Revenue v. Birch Ranch & Oil CoCourt of Appeals for the Ninth Circuit · 1951