Legal Opinion
Commissioner v. West Production Co.
Court of Appeals for the Fifth Circuit
Decided July 7, 1941No. 9781PublishedCited by 9 opinions
1Opinion of the Court
HOLMES, Circuit Judge.
These petitions to review are from a judgment of the Board of Tax Appeals,1 and involve income taxes for the calendar year 1932. The questions presented arise from two distinct transactions, each of which will be discussed separately.
The Commissioner’s appeal involves income taxes arising from the transfer to the Humble Oil & Refining Company of a one-half interest in twelve mineral leases upon lands in Texas, together with personal property and equipment situated thereon. The consideration for the transfer of the properties was $3,000,000 in cash, a covenant to pay…
2Cases cited15 opinions
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
- United States v. Dakota-Montana Oil Co.Supreme Court of the United States · 1933
- Jefferson Electric Co. v. National Labor Relations BoardCourt of Appeals for the Seventh Circuit · 1939
- Swift & Co. v. National Labor Relations BoardCourt of Appeals for the Tenth Circuit · 1939
- National Labor Relations Board v. Piqua Munising Wood Products Co.Court of Appeals for the Sixth Circuit · 1940
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3Cited by9 opinions
- Sands v. WainwrightDistrict Court, M.D. Florida · 1973
- Hart Twin Volvo Corporation v. Commissioner of Motor VehiclesSupreme Court of Connecticut · 1973
- Albert L. Vitter, Jr. And Oliver J. Counce v. United StatesCourt of Appeals for the Fifth Circuit · 1960
- Home Furniture Co. v. Commissioner of Internal Rev.Court of Appeals for the Fourth Circuit · 1948
- Community Bank v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1987
4 more not listed; retrieve them via the Exa API.