Legal Opinion
Commissioner of Int. Rev. v. Norfolk Southern R. Co.
Court of Appeals for the Fourth Circuit
Decided January 31, 1933No. 3274PublishedCited by 9 opinions
1Opinion of the Court
CHESNUT, District Judge.
This ease is here upon the petition of the Commissioner of Internal Revenue to review a decision of the United States Board of Tax Appeals relating to the income tax of the respondent, the Norfolk Southern Railroad Company, a Virginia corporation, for the tax year 1920. 22 B. T. A. 302.
Two items of alleged income are presented for determination. One may be briefly disposed of. During 1920 the railroad purchased and retired some of its own bonds for a sum less than the par value thereof. The Commissioner determined that the difference in amount was taxable income. The…
2Cases cited7 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Phillips v. CommissionerSupreme Court of the United States · 1931
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- United States v. Kirby Lumber CoSupreme Court of the United States · 1931
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Helvering v. American Dental Co.Supreme Court of the United States · 1943
- Southern Ry. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1935
- Helvering v. General Utilities & Operating Co.Court of Appeals for the Fourth Circuit · 1935
- New York, C. & ST. L. R. R. v. HelveringDistrict Court, District of Columbia · 1934
- Chicago & NW Ry. Co. v. Commissioner of Internal Rev.Court of Appeals for the Seventh Circuit · 1933
4 more not listed; retrieve them via the Exa API.