Legal Opinion
Galena Oaks Corp. v. Scofield
District Court, S.D. Texas
Decided July 7, 1953No. Civ. A. 6604PublishedCited by 9 opinions
1Opinion of the Court
CONNALLY, District Judge.
The plaintiff is a private corporation, chartered under laws of this State in February 1942. In this action it seeks to recover certain income taxes allegedly illegally assessed and collected for the fiscal years ending February 28, 1947 and February 29, 1948. The single question presented is whether profits from the sales of 102 houses, constructed during the years 1943 and early 1944; rented from early 1944 until June 1946; and thereafter sold during the period from June 1946 until August 1947, constituted ordinary income (as contended by the Collector) or…
2Cases cited14 opinions
- Thrift v. CommissionerUnited States Tax Court · 1950
- Snell v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1938
- Farley v. CommissionerUnited States Tax Court · 1946
- Fahs v. CrawfordCourt of Appeals for the Fifth Circuit · 1947
- Dunlap, Acting Collector of Internal Revenue v. Oldham Lumber CoCourt of Appeals for the Fifth Circuit · 1950
9 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Galena Oaks Corporation v. Frank Scofield, Collector of Internal RevenueCourt of Appeals for the Fifth Circuit · 1954
- Westchester Dev. Co. v. CommissionerUnited States Tax Court · 1974
- McConkey v. United StatesUnited States Court of Claims · 1955
- Bert Crosswhite and Virginia Crosswhite v. The United StatesUnited States Court of Claims · 1966
- Valldejuli Rodríguez v. Secretario de HaciendaSupreme Court of Puerto Rico · 1963
4 more not listed; retrieve them via the Exa API.