Blue Diamond Coal Co. v. Commissioner
United States Tax Court
During all of the periods here material, petitioner was engaged in the business of mining and selling bituminous coal. During the years 1924 through 1934, petitioner's labor costs and the average value of coal at the mines remained relatively proportionate.
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During all of the periods here material, petitioner was engaged in the business of mining and selling bituminous coal. During the years 1924 through 1934, petitioner's labor costs and the average value of coal at the mines remained relatively proportionate. Beginning in 1935 and lasting through the base period, labor costs increased materially due to unionization, but, as a result of existing competitive conditions, the value of coal at the mine did not increase correspondingly. Held, that petitioner has failed to establish that its business was depressed in the base period because of…
1Opinion of the Court
Blue Diamond Coal Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Blue Diamond Coal Co. v. Commissioner
Docket Nos. 26297, 32935
United States Tax Court
31 T.C. 777; 1959 U.S. Tax Ct. LEXIS 260;
January 22, 1959, Filed
Decisions will be entered under Rule 50.
During all of the periods here material, petitioner was engaged in the business of mining and selling bituminous coal. During the years 1924 through 1934, petitioner's labor costs and the average value of coal at the mines remained relatively proportionate. Beginning in 1935 and lasting through the base period, labor costs…
2Cases cited11 opinions
- Lamar Creamery Co. v. CommissionerUnited States Tax Court · 1947
- Avey Drilling Machine Co. v. CommissionerUnited States Tax Court · 1951
- Brown Paper Mill Co. v. CommissionerUnited States Tax Court · 1954
- Constitution Publishing Co. v. CommissionerUnited States Tax Court · 1954
- Tri-State Beverage Distributors, Inc. v. CommissionerUnited States Tax Court · 1957
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