Legal Opinion
Colt Industries, Inc., Plaintiff/cross-Appellant v. The United States
Court of Appeals for the Federal Circuit
Decided July 24, 1989No. 89-1165PublishedCited by 17 opinions
1Opinion of the Court
OPINION
MAYER, Circuit Judge.
On cross-motions for partial summary judgment, the United States Claims Court, 11 Cl.Ct. 140 (1986), granted the government’s motion and held that civil penalties assessed under the Clean Water Act, 33 U.S.C. § 1319(d), and the Clean Air Act, 42 U.S.C. § 7413(b), against Colt’s affiliated subsidiary, Crucible, Inc., constitute a “fine or similar penalty paid to a government for the violation of any law” for which a deduction as an ordinary business expense is barred by section 162(f) of the Internal Revenue Code. We affirm.
Background
The protracted events leading to…
2Cases cited6 opinions
- Tull v. United StatesSupreme Court of the United States · 1987
- United States v. CorrellSupreme Court of the United States · 1967
- Tank Truck Rentals, Inc. v. CommissionerSupreme Court of the United States · 1958
- Commissioner v. StidgerSupreme Court of the United States · 1967
- Adolf Meller Co. v. United StatesUnited States Court of Claims · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- National Pork Producers Council v. United States Environmental Protection AgencyCourt of Appeals for the Fifth Circuit · 2011
- Jon T. Stephens and Susanne Stephens v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1990
- Kingdomware Technologies, Inc. v. United StatesUnited States Court of Federal Claims · 2012
- AD Global Fund, LLC ex rel. North Hills Holding, Inc. v. United StatesUnited States Court of Federal Claims · 2005
- True v. United StatesCourt of Appeals for the Tenth Circuit · 1990
12 more not listed; retrieve them via the Exa API.