Legal Opinion
Dow Corning Corporation v. The United States
Court of Appeals for the Federal Circuit
Decided January 14, 1993No. 90-5150PublishedCited by 9 opinions
1Opinion of the Court
ARCHER, Circuit Judge.
Dow Corning Corporation (Dow Corning) appeals from the summary judgment of the United States Claims Court, 1 No. 255-87T (July 3, 1990), upholding the validity of section 1.994-2(b)(3) of the Treasury Regulations. 26 C.F.R. § 1.994-2(b)(3) (1981). That section of the regulations provides for an overall profit percentage limitation (OPPL) on the marginal costing method of allocating export sales income to a Domestic International Sales Corporation (DISC) for federal income tax purposes. See 26 U.S.C. (IRC) §§ 991-997 (1982). 2 We affirm.
I
In 1971, Congress enacted the DISC…
2Cases cited13 opinions
- Southeastern Community College v. DavisSupreme Court of the United States · 1979
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Brotherhood of Railroad Trainmen v. Baltimore & Ohio RailroadSupreme Court of the United States · 1947
- United States v. CorrellSupreme Court of the United States · 1967
- National Muffler Dealers Assn., Inc. v. United StatesSupreme Court of the United States · 1979
8 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Computervision Corp. v. United StatesCourt of Appeals for the Federal Circuit · 2006
- American Boat Co., LLC v. United StatesCourt of Appeals for the Seventh Circuit · 2009
- Qantas Airways Limited v. United StatesCourt of Appeals for the Federal Circuit · 1995
- Bankers Trust New York Corp. v. United StatesUnited States Court of Federal Claims · 1996
- Exxon Corp. v. United StatesUnited States Court of Federal Claims · 1998
4 more not listed; retrieve them via the Exa API.