Hanlon-Waters, Inc. v. United States
United States Tax Court
Under an agreement dated July 16, 1943, between petitioner and respondent, it was agreed that the "repricing" provided for in paragraph III would be accepted as a final renegotiation of excessive profits for 1943 insofar as three contracts were concerned, subject to the right of the Under Secretary of War or his duly authorized representative to reopen the renegotiation in his discretion at any time within 60 days after the contractor filed with the Under Secretary of War a…
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Under an agreement dated July 16, 1943, between petitioner and respondent, it was agreed that the "repricing" provided for in paragraph III would be accepted as a final renegotiation of excessive profits for 1943 insofar as three contracts were concerned, subject to the right of the Under Secretary of War or his duly authorized representative to reopen the renegotiation in his discretion at any time within 60 days after the contractor filed with the Under Secretary of War a statement showing actual results of its operations for 1943, if the actual figures proved to be materially at variance…
1Opinion of the Court
Hanlon-Waters, Inc., Petitioner, v. United States, Respondent
Hanlon-Waters, Inc. v. United States
Docket No. 534-R.
United States Tax Court
25 T.C. 1146; 1956 U.S. Tax Ct. LEXIS 254;
March 6, 1956, Filed
Decision will be entered for the respondent.
Under an agreement dated July 16, 1943, between petitioner and respondent, it was agreed that the "repricing" provided for in paragraph III would be accepted as a final renegotiation of excessive profits for 1943 insofar as three contracts were concerned, subject to the right of the Under Secretary of War or his duly authorized representative to reopen…
2Cases cited3 opinions
- Hanlon-Waters, Inc. v. United StatesCourt of Appeals for the D.C. Circuit · 1955
- Hanlon-Waters, Inc. v. United StatesUnited States Tax Court · 1953
- Hanlon-Waters, Inc. v. United StatesUnited States Tax Court · 1956