Legal Opinion
Texaco Inc. v. United States
United States Court of Claims
Decided July 14, 1978No. 416-73PublishedCited by 8 opinions
1Opinion of the CourtCowen, Senior Judge
The question for decision is what basis should be used in computing deductions for the depreciation of plaintiffs seven tankers for the tax year 1957.1 Resolution of the issue depends on whether the assessment of additional taxes against plaintiff is barred by the doctrine of collateral estoppel, as plaintiff claims, or whether the application of that doctrine is precluded by change in the controlling legal principles, as defendant contends. We hold that there has been such a change in the legal climate and that defendant’s motion should be granted.
I
In 1943 and 1944, plaintiff purchased seven…
2Cases cited12 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Blair v. CommissionerSupreme Court of the United States · 1937
- State Farm Mutual Automobile Insurance v. DuelSupreme Court of the United States · 1945
- Waterman Steamship Corp. v. United StatesSupreme Court of the United States · 1965
- Cbn Corporation (Formerly Columbian Carbon Company) v. The United StatesCourt of Appeals for the D.C. Circuit · 1966
7 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Spencer v. BrownUnited States Court of Appeals for Veterans Claims · 1993
- Robert M.T. Wilson v. Thomas Turnage, Director, Selective Service SystemCourt of Appeals for the Federal Circuit · 1986
- State v. JP Lamb Land CompanyNorth Dakota Supreme Court · 1987
- Berwind Corp. v. ApfelDistrict Court, E.D. Pennsylvania · 2000
- Charter Federal Savings Bank v. United StatesUnited States Court of Federal Claims · 2002
3 more not listed; retrieve them via the Exa API.