Legal Opinion
Exxon Corp. v. United States
United States Court of Claims
Decided January 29, 1985No. 235-79TPublishedCited by 10 opinions
1Opinion of the Court
OPINION
KOZINSKI, Chief Judge.
Exxon Corporation sues for a refund of taxes and interest for a disallowed deduction on the 1960 consolidated income tax return of Standard Oil Company (New Jersey) 1 and its subsidiary, Esso Export Corporation. Exxon claims that it was entitled to deduct $27,357,644 because of a debt in that amount owed by Esso Standard Oil S.A., or its Cuban division, to Esso Export Corporation. On August 6, 1960, the Cuban assets of Esso Standard Oil S.A. were nationalized by Fidel Castro and the debt was never repaid.
Facts
On New Year’s Day 1959, Fidel Castro seized power in…
2Cases cited14 opinions
- Boehm v. CommissionerSupreme Court of the United States · 1945
- Herbert W. Dustin and Kathleen C. Dustin v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1972
- Parmelee Transportation Company v. The United StatesUnited States Court of Claims · 1965
- Audrey L. Zeeman, Individually and as of the Estate of Leon S. Lees, Jr. v. United StatesCourt of Appeals for the Second Circuit · 1968
- Zeeman v. United StatesDistrict Court, S.D. New York · 1967
9 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Centex Corp. v. United StatesCourt of Appeals for the Federal Circuit · 2005
- Exxon Corporation v. The United StatesCourt of Appeals for the Federal Circuit · 1991
- Jeppsen v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1997
- Exxon Corporation v. The United StatesCourt of Appeals for the Federal Circuit · 1986
- Beneficial Foundation, Inc. v. United StatesUnited States Court of Claims · 1985
5 more not listed; retrieve them via the Exa API.