Legal Opinion
Budd Company v. United States
Court of Appeals for the Third Circuit
Decided November 27, 1957No. 12304_1PublishedCited by 42 opinions
1Opinion of the Court
GOODRICH, Circuit Judge.
The Budd Company, a Pennsylvania corporation, seeks in this action to recover 1947 income tax which it has paid and for which a claim for refund was filed in the amount of $2,796,918.28 including interest. The plaintiff was successful in the trial court (D.C.E.D.Pa.1957, 148 F.Supp. 792), and the United States appeals.
The facts present no difficulty, except to understand their significance. Indeed, they were largely stipulated. The law involved is the Internal Revenue Code of 1939, especially the carry-back and carryover rules set out in § 122, 26 U.S.C. § 122.
There…
2Cases cited10 opinions
- Rothensies v. Electric Storage Battery Co.Supreme Court of the United States · 1946
- Rosenman v. United StatesSupreme Court of the United States · 1945
- Lewyt Corp. v. CommissionerSupreme Court of the United States · 1955
- Lewyt Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1954
- United States v. Dubuque Packing Company, a Corporation, Dubuque Packing Company, a Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1956
5 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Benjamin v. CommissionerUnited States Tax Court · 1976
- Tedroe J. Ford, Jr. And Margaret Ford v. United StatesCourt of Appeals for the Fifth Circuit · 1980
- De La Salle Institute v. United StatesDistrict Court, N.D. California · 1961
- Anders v. CommissionerUnited States Tax Court · 1967
- Rose v. United StatesCourt of Appeals for the Third Circuit · 1958
37 more not listed; retrieve them via the Exa API.