Legal Opinion
Industrial Cotton Mills Co. v. Commissioner of Int. Rev.
Court of Appeals for the Fourth Circuit
Decided October 3, 1932No. 3280PublishedCited by 16 opinions
1Opinion of the Court
PARKER, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals. The question presented is the right of the Industrial Cotton Mills, Inc., to carry forward as a deduction a loss sustained by the Blue Buekle Cotton, Mills, Inc., in the year 1921 and deduct same in a consolidated return filed in behalf of the Industrial and the Blue Buckle for the year 1922 and in a return of the Industrial for the year 1923. The Board held that the Industrial and the Blue Buckle were affiliated during the first six months of 1922 and that the Blue Buekle was entitled to deduct losses…
2Cases cited12 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- United States v. PhellisSupreme Court of the United States · 1921
- Weiss v. StearnSupreme Court of the United States · 1924
- Chicago, Milwaukee & St. Paul Railway Co. v. Minneapolis Civic & Commerce Ass'nSupreme Court of the United States · 1918
7 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- United States ex rel. Tennessee Valley Authority v. PowelsonCourt of Appeals for the Fourth Circuit · 1941
- Garden Homes Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1933
- Good Will Distributors (Northern), Inc. v. ShawSupreme Court of North Carolina · 1957
- Skelton v. B. C. Land Co.Supreme Court of Arkansas · 1974
- Good Will Distributors (Northern), Inc. v. CurrieSupreme Court of North Carolina · 1959
11 more not listed; retrieve them via the Exa API.