Legal Opinion
Asiatic Petroleum Co. v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided August 16, 1935No. 472PublishedCited by 72 opinions
1Opinion of the Court
SWAN, Circuit Judge.
This case was heard by the Board upon stipulated facts, which included a stipulation that, if the Commissioner was correct in applying section 45 of the Revenue Act of 1928 (45 Stat. 806, 26 USCA § 2045), there was a deficiency of $303,-083 in the petitioner’s tax for the year 1929; otherwise there was no deficiency. The Board sustained the Commissioner.
The agreed facts are these: Two foreign corporations, one organized under the laws of the Netherlands (called Royal Dutch) and the other under the laws of Great Britain (called British Shell), owned, respectively, 60 and 40…
2Cases cited8 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Heiner v. DonnanSupreme Court of the United States · 1932
- Hoeper v. Tax Comm'n of Wis.Supreme Court of the United States · 1931
- Taft v. BowersSupreme Court of the United States · 1929
- Hellebush v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1933
3 more not listed; retrieve them via the Exa API.
3Cited by72 opinions
- Nat Harrison Assoc., Inc. v. CommissionerUnited States Tax Court · 1964
- Foster v. Comm'rUnited States Tax Court · 1983
- Commissioner of Internal Revenue v. Chelsea Products, IncCourt of Appeals for the Third Circuit · 1952
- Central Cuba Sugar Co. v. Commissioner of Internal Revenue. Commissioner of Internal Revenue v. Central Cuba Sugar CoCourt of Appeals for the Second Circuit · 1952
- Advance MacHinery Exchange, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1952
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