Legal Opinion
Loco Realty Company v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided August 1, 1962No. 16867PublishedCited by 33 opinions
1Opinion of the Court
BLACKMUN, Circuit Judge.
This corporate taxpayer appeals from a decision of the Tax Court, 35 T.C. 1059, sustaining the Commissioner’s determination of an income tax deficiency for the calendar year 1955.
The deficiency was occasioned by the Commissioner’s inclusion in the taxpayer’s gross income of gain realized upon the condemnation of a building owned by the taxpayer at 17th and Pine Streets in the City of St. Louis. This gain was described in the taxpayer’s 1955 return but it was there claimed that the gain was “unrecognized” inasmuch as it was “used in the purchase of building of same…
2Cases cited28 opinions
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Irving Sachs v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1960
- Albert Schoenberg v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- Lynchburg Nat'l Bank & Trust Co. v. CommissionerUnited States Tax Court · 1953
- Lynchburg Nat. Bank & Trust Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1953
23 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Marie H. Hamm v. Commissioner of Internal Revenue, William Hamm, Jr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1963
- Estate of Goodall v. CommissionerCourt of Appeals for the Eighth Circuit · 1968
- Martin Mayrath and Rose Mayrath v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1966
- Jack P, Stanton and Virginia G. Stanton v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1968
- Lucile McAulay Filippini, as of the Last Will and Testament of Carra McAulay Deceased v. United StatesCourt of Appeals for the Ninth Circuit · 1963
28 more not listed; retrieve them via the Exa API.