Legal Opinion
Consolidated Freightways, Inc. v. United States
United States Court of Claims
Decided April 16, 1980No. 168-69PublishedCited by 21 opinions
1Opinion of the CourtKashiwa, Judge
Plaintiff brings this action seeking review of the report of Trial Judge Harry E. Wood, which denied plaintiffs right to an investment tax credit in certain truck dock facilities. For the reasons set forth below, we agree with the result of the trial judge, sustain defendant’s offset and dismiss the petition.
*446FACTS
This case arises from an offset asserted by defendant in its first amended answer to the petition. The offset placed in issue plaintiffs right to an investment tax credit (ITC) under I.R.C, § 381 for 1964 due to investments in certain dock facilities2 placed in service in plaintiffs…
2Cases cited11 opinions
- Catron v. CommissionerUnited States Tax Court · 1968
- Guggenheim v. United StatesUnited States Court of Claims · 1948
- Brown-Forman Distillers Corp. v. United StatesUnited States Court of Claims · 1974
- Yellow Freight System, Inc. v. United StatesCourt of Appeals for the Eighth Circuit · 1976
- Satrum v. CommissionerUnited States Tax Court · 1974
6 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Leo Goldman and Pauline Goldman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1994
- Consolidated Freightways, Inc. & Affiliates v. CommissionerUnited States Tax Court · 1980
- Illinois Cereal Mills, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1986
- A. C. Monk & Company, Inc. v. The United States of America, A. C. Monk & Company, Inc. v. The United States of AmericaCourt of Appeals for the Fourth Circuit · 1982
- Munford, Inc. v. CommissionerUnited States Tax Court · 1986
16 more not listed; retrieve them via the Exa API.