Legal Opinion
Avon Products, Inc. v. United States
Court of Appeals for the Second Circuit
Decided November 20, 1978No. 112, Docket 78-6078PublishedCited by 25 opinions
1Opinion of the Court
IRVING R. KAUFMAN, Chief Judge:
The Internal Revenue Code permits a corporate taxpayer that has paid more than its liability in one year to claim a credit for the excess against its taxes for the succeeding year, I.R.C. § 6402(b). Avon Products, Inc. followed this procedure, but a subsequent audit showed that it had taken a larger credit than that to which it was entitled. This case requires us to determine the extent of Avon’s liability for interest on the deficiency thus created.
I
On March 15,1968, Avon filed Form 7004, thereby automatically extending to June 15 the deadline for filing its…
2Cases cited9 opinions
- Babcock & Wilcox Co. v. Pedrick. Babcock & Wilcox Tube Co. v. PedrickCourt of Appeals for the Second Circuit · 1954
- Kyle A. Vick, Jr., in His Capacity as Independent of the Estate of Lucille M. Hooper, Deceased v. Robert L. PhinneyCourt of Appeals for the Fifth Circuit · 1969
- Time, Inc. v. United StatesDistrict Court, S.D. New York · 1964
- Martin Marietta Corp. v. United StatesUnited States Court of Claims · 1978
- P. Lorillard Co. v. United StatesDistrict Court, S.D. New York · 1964
4 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Duffie v. United StatesCourt of Appeals for the Fifth Circuit · 2010
- In Re St. Louis Freight Lines, Inc.United States Bankruptcy Court, E.D. Michigan · 1984
- Frank W. Smith Janice M. Smith v. United StatesCourt of Appeals for the Fifth Circuit · 2003
- Marsh & McLennan Companies, Inc. And Subsidiaries v. United StatesCourt of Appeals for the Federal Circuit · 2002
- Goldring v. United StatesCourt of Appeals for the Fifth Circuit · 2021
20 more not listed; retrieve them via the Exa API.