Legal Opinion
Bush Terminal Bldgs. Co. v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided May 15, 1953No. 21, Docket 22362PublishedCited by 16 opinions
1Opinion of the Court
FRANK, Circuit Judge.
This case relates to an asserted deficiency in taxpayer’s income for 1941. As the facts and rulings of the Tax Court are adequately stated in its findings and opinion reported in 17 T.C. 485, they will not be repeated here.
1. Gain from purchase by taxpayer of its own bonds in 1941.(1) The taxpayer argues that the amendment of § 22(b) (9) 1 in § 114(a) of the Revenue Act of 1942, 26 U.S.C.A. § 22 (1,) (9) 2 — climinating- (A) and (B) from § 22(b) (9) — was retroactive. We do not agree. The amendatory statute contains three subsections, (a), (b) and (c). Subsection (c)…
2Cases cited12 opinions
- Murphy Oil Co. v. BurnetSupreme Court of the United States · 1932
- JONES'ESTATE v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1942
- Murphy Oil Co. v. BurnetCourt of Appeals for the Ninth Circuit · 1932
- Levitt & Sons, Inc. v. NunanCourt of Appeals for the Second Circuit · 1944
- Skenandoa Rayon Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1941
7 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Industrial Aggregate Company, a Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1960
- Denver & R. G. W. R. Co. v. CommissionerUnited States Tax Court · 1962
- Vulcan Materials Company v. United StatesCourt of Appeals for the Fifth Circuit · 1971
- Republic Petroleum Corporation v. United StatesDistrict Court, E.D. Louisiana · 1975
- Chicago, Milwaukee, St. Paul and Pacific Railroad Company v. The United StatesUnited States Court of Claims · 1968
11 more not listed; retrieve them via the Exa API.