Legal Opinion
Kolstad v. United States
District Court, D. Montana
Decided October 17, 1967No. Civ. No. 2599PublishedCited by 8 opinions
1Opinion of the Court
ORDER AND MEMORANDUM OPINION
JAMESON, Chief Judge.
Plaintiffs seek recovery of income taxes alleged to have been overpaid for the year ending December 31, 1959, and for an order granting plaintiffs an extension of time under Section 1033(a) (3) (B) (ii) of the Internal Revenue Code of 1954 within which to reinvest funds acquired through the involuntary conversion of their lands.
Section 1033(a) (3) provides in effect that if a taxpayer’s property is involuntarily converted and if he reinvests the proceeds of such conversion within one year in similar property, the gain on such conversion, at the…
2Cases cited3 opinions
- Jerome L. Doff v. Brunswick CorporationCourt of Appeals for the Ninth Circuit · 1967
- Falls Sand and Gravel Co. v. Western Concrete, Inc.District Court, D. Montana · 1967
- Clarence A. Kolstad and Alta A. Kolstad v. United StatesCourt of Appeals for the Ninth Circuit · 1959
3Cited by8 opinions
- Casalina Corp. v. CommissionerUnited States Tax Court · 1973
- Estate of Wilbanks v. CommissionerUnited States Tax Court · 1990
- Raitport v. Small Business Administration U. S. GovernmentDistrict Court, E.D. Pennsylvania · 1974
- Lemly v. CommissionerUnited States Tax Court · 1973
- Casalina Corp. v. CommissionerUnited States Tax Court · 1973
3 more not listed; retrieve them via the Exa API.