Legal Opinion
Gooch Milling & Elevator Co. v. Commissioner
Court of Appeals for the Eighth Circuit
Decided January 29, 1943No. 12372PublishedCited by 19 opinions
1Opinion of the Court
GARDNER, Circuit Judge.
This case is before us on petition to review a decision of the Board of Tax Appeals determining a deficiency in income and excess profit taxes of petitioner for the fiscal year ended June 30, 1936, in the respective amounts of $4,731.69 and $1,931.73.
Petitioner is a Nebraska corporation operating flour mills. Following the death of its president on June 11, 1938, an audit of the books showed that all inventories as far back as 1928 had been overstated. The reduced inventory for the fiscal year 1936 was first computed by petitioner’s accountants and later accepted by the…
2Cases cited29 opinions
- Hormel v. HelveringSupreme Court of the United States · 1941
- Helvering v. TaylorSupreme Court of the United States · 1935
- Bull v. United StatesSupreme Court of the United States · 1935
- Blair v. Oesterlein MacHine Co.Supreme Court of the United States · 1927
- Williamsport Wire Rope Co. v. United StatesSupreme Court of the United States · 1928
24 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Commissioner v. Gooch Milling & Elevator Co.Supreme Court of the United States · 1944
- Estate of Frank Branson, Deceased Mary M. March v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2001
- Estate of Mueller v. Comm'rUnited States Tax Court · 1993
- J. C. Pitman & Sons, Inc. v. The United StatesUnited States Court of Claims · 1963
- Bennet v. HelveringCourt of Appeals for the Second Circuit · 1943
14 more not listed; retrieve them via the Exa API.