Legal Opinion
Libson Shops, Inc. v. Gustave F. Koehler, District Director of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided February 16, 1956No. 15397PublishedCited by 19 opinions
1Opinion of the Court
VOGEL, Circuit Judge.
The sole question involved in this case is whether the appellant, as the surviving corporation in a statutory merger of seventeen separate corporations, in computing its net income for a taxable period commencing on the date of the merger, is entitled to carry over and deduct net operating losses sustained by three of the merged corporations in taxable periods ended prior to the date of the merger under the provisions of §§ 23(s) and 122(b) (2) (C) of the Internal Revenue Code of 1939, 26 U.S.C. §§ 23(s), 122(b) (2) (C).
The facts, as found by the district court and as…
2Cases cited15 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Cannon Manufacturing Co. v. Cudahy Packing Co.Supreme Court of the United States · 1925
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
- Burnet v. ClarkSupreme Court of the United States · 1932
10 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Libson Shops, Inc., v. Koehler, District Director of Internal RevenueSupreme Court of the United States · 1957
- Newmarket Manufacturing Company v. United StatesCourt of Appeals for the First Circuit · 1956
- Humacid Co. v. CommissionerUnited States Tax Court · 1964
- Julius Garfinckel & Co., Incorporated (Successor to Brooks Brothers, Inc., Formerly the A. Depinna Company) v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
- Virginia Metal Products, Inc. v. CommissionerUnited States Tax Court · 1960
14 more not listed; retrieve them via the Exa API.