Pfister Land Co. v. City of Milwaukee
Wisconsin Supreme Court
Appeal from a judgment of the circuit court for Milwaukee county: E. C. Esoiiweileb, Circuit Judge. Action to recover income taxes paid under protest for the years 1911 and 1912. The facts were these': Plaintiff, a domestic corporation, owns two iron mines in Michigan.
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Appeal from a judgment of the circuit court for Milwaukee county: E. C. Esoiiweileb, Circuit Judge. Action to recover income taxes paid under protest for the years 1911 and 1912. The facts were these': Plaintiff, a domestic corporation, owns two iron mines in Michigan. Prior to the year 1900 it leased both mines to third persons by written leases, each running for the period of twenty years, the lessees agreeing to take the premises upon the lease and to pay therefor certain specified royalties annually on the' iron ore taken out. The plaintiff received royalties under these leases amounting…
1Opinion of the Court
WiNslow, C. T.
Tbe Income Tax Law of 1911 (cb. 658, Laws 1911), which was in force at tbe time tbe taxes in question here were' levied, provided in substance that tbe term “income” as used in tbe act should include “all rent of real estate,” and that tbe tax should be levied upon “rentals” received by any resident of tbe state whether derived from sources within or without tbe state. The act further provided that corporations should be allowed to deduct from their gross income (among other items) “ordinary and necessary expenses actually paid within the year out of income in the maintenance…
2Cases cited7 opinions
- Von Baumbach v. Sargent Land Co.Supreme Court of the United States · 1917
- State v. Royal Mineral Ass'nSupreme Court of Minnesota · 1916
- State ex rel. Bundy v. NygaardWisconsin Supreme Court · 1916
- Treat v. HilesWisconsin Supreme Court · 1887
- Gillett v. TreganzaWisconsin Supreme Court · 1858
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Estate of SchlesingerWisconsin Supreme Court · 1924
- McFadden's EstatePennsylvania Orphans' Court, Venango County · 1940