Legal Opinion
Bank of Palm Beach & Trust Co. v. United States
United States Court of Claims
Decided April 13, 1973No. 308-69PublishedCited by 5 opinions
1Opinion of the CourtKashiwa, Judge
Plaintiffs are taxpayers who claim refunds of federal income taxes paid by them with respect to the calendar year 1960, plus statutory interest. They were all partners, or bear some' relationship to individuals who were partners, of Salomon Bros. & Hutzler (hereinafter referred to as “Salomon”), a Wall Street brokerage firm, during Salomon’s fiscal year ending September 30, 1960.
¡Salomon made payments aggregating $60,130.81 to the widow of Sydney J. Carter, the latter being an employee who died on March 1, 1960. Salomon deducted said payments on its Form 1065 for the fiscal year 1960. The…
2Cases cited18 opinions
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Commissioner v. LoBueSupreme Court of the United States · 1956
- Bogardus v. CommissionerSupreme Court of the United States · 1937
- Robertson v. United StatesSupreme Court of the United States · 1952
13 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Charles Schneider & Co. v. CommissionerCourt of Appeals for the Eighth Circuit · 1974
- Charles Schneider & Co., Inc. v. Commissioner of Internal Revenue, Future Foam, Inc. v. Commissioner of Internal Revenue, Charles, Inc. v. Commissioner of Internal Revenue, Central Woodworking Co. Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1974
- Paul E. Kummer Realty Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1975
- Federal Bulk Carriers, Inc. v. CommissionerUnited States Tax Court · 1976
- Federal Bulk Carriers, Inc. v. CommissionerUnited States Tax Court · 1976