Legal Opinion
Arkansas-Oklahoma Gas Co. v. Commissioner of Internal Revenue (Two Cases)
Court of Appeals for the Eighth Circuit
Decided January 20, 1953No. 14635, 14636PublishedCited by 13 opinions
1Opinion of the Court
RIDDICK, Circuit Judge.
These petitions challenge decisions of the Tax Court affirming the Commissioner’s determinations of deficiencies in the petitioner’s income taxes 'for the years 1944 and 1945. The facts are stipulated. The sole question is one of statutory interpretation. It is whether, pursuant to section 124(a) of the Internal Revenue Code, the petitioner has the right to amortize and deduct intangible costs incurred in the development of three natural gas wells under a Necessity Certificate issued to petitioner pursuant to section 124(f). The Tax Court held that the taxpayer could…
2Cases cited8 opinions
- Cabell v. MarkhamCourt of Appeals for the Second Circuit · 1945
- Markham v. CabellSupreme Court of the United States · 1946
- Federal Deposit Ins. Corporation v. TremaineCourt of Appeals for the Second Circuit · 1943
- Choate v. CommissionerSupreme Court of the United States · 1945
- Brooklyn Nat. Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1946
3 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Southern Pacific Transp. Co. v. CommissionerUnited States Tax Court · 1980
- City of Los Angeles v. Public Utilities CommissionCalifornia Supreme Court · 1975
- Fort Howard Corp. v. CommissionerUnited States Tax Court · 1994
- General Electric Company v. Melvin J. Burton, District Director of Internal RevenueCourt of Appeals for the Sixth Circuit · 1967
- Mobil Oil Corp. v. State Tax CommissionSupreme Court of Missouri · 1974
8 more not listed; retrieve them via the Exa API.