Legal Opinion
Morton-Norwich Products, Inc. v. United States
United States Court of Claims
Decided July 18, 1979No. 83-77PublishedCited by 6 opinions
1Opinion of the CourtBennett, Judge
Plaintiff, Morton-Norwich Products, Inc., seeks refunds for overpayments of federal income taxes and interest for tax years 1965 through 1973. The case, which presents various claims for refund, is before the court on cross-motions for summary judgment.
In Counts II and VI of the petition, taxpayer claims refunds for a loss deductible under I.R.C. § 165(a). This loss involved research and development expenditures (R&D) incurred in an attempt to discover uses and methods of recovery of geothermal deposits (plaintiff having had a *86substantial leasehold interest in a geothermal deposit), which R&D…
2Cases cited13 opinions
- Higgins v. SmithSupreme Court of the United States · 1940
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- Massachusetts v. United StatesSupreme Court of the United States · 1948
- Young & Rubicam, Inc. v. The United StatesUnited States Court of Claims · 1969
- Eli Lilly & Co. v. United StatesUnited States Court of Claims · 1967
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3Cited by6 opinions
- Brown & Williamson, Ltd. v. United StatesUnited States Court of Claims · 1982
- Pikeville Coal Co. v. United StatesUnited States Court of Federal Claims · 1997
- Intersport Fashions West, Inc. v. United StatesUnited States Court of Federal Claims · 2012
- Johnson v. CommissionerUnited States Tax Court · 1981
- Aladdin Industries, Inc. v. CommissionerUnited States Tax Court · 1981
1 more not listed; retrieve them via the Exa API.