Legal Opinion
McLaughlin v. Purity Inv. Co.
Court of Appeals for the Ninth Circuit
Decided January 21, 1935No. 7214PublishedCited by 2 opinions
1Opinion of the Court
NORCROSS, District Judge.
This is an appeal from a judgment rendered against appellant for a refund of income taxes paid by appellee for the years 1927 and 1928, in the sum of $5,441.51. The question presented is whether a corporation organized under the laws of the state of Nevada, with principal place of business in the state of California, is entitled to deduct from its income tax returns for said years the net loss sustained within the preceding two years by a predecessor corporation having the same name and substantially the same capital structure, organized in accordance with a statute…
2Cases cited8 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Cohens v. VirginiaSupreme Court of the United States · 1821
- Bramwell v. United States Fidelity & Guaranty Co.Supreme Court of the United States · 1925
- Western Maryland Ry. Co. v. Com'r of Internal RevenueCourt of Appeals for the Fourth Circuit · 1929
- United States v. KauffmannCourt of Appeals for the Ninth Circuit · 1933
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3Cited by2 opinions
- Weber Flour Mills Co. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1936
- California Barrel Co. v. CommissionerCourt of Appeals for the Ninth Circuit · 1936