Legal Opinion
Ramsey v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided July 26, 1933No. 764PublishedCited by 16 opinions
1Opinion of the Court
McDERMOTT, Circuit Judge.
Prom 1922 until 1926 the petitioner was engaged in developing oil leases. Wells were drilled by a contractor upon a footage basis, the petitioner furnishing the equipment and supervision. The amounts paid the contractor for drilling, plus certain items for labor, trucking, cementing, fuel, repairs, management, depreciation, and taxes (exclusive of derricks, boilers, casing and equipment) were deducted each year from his income, as development expense, in accordance with the option given him by Reg. 69, Art. 223, set out.in the margin. 1 Recoverable items of…
2Cases cited16 opinions
- Brewster v. GageSupreme Court of the United States · 1930
- Utah Power & Light Co. v. United StatesSupreme Court of the United States · 1917
- Maryland Casualty Co. v. United StatesSupreme Court of the United States · 1920
- Murphy Oil Co. v. BurnetSupreme Court of the United States · 1932
- Morrill v. JonesSupreme Court of the United States · 1883
11 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Commissioner of Internal Rev. v. Laguna Land & W. Co.Court of Appeals for the Ninth Circuit · 1941
- Harper Oil Company, a Corporation v. United StatesCourt of Appeals for the Tenth Circuit · 1970
- F. H. E. Oil Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1945
- Continental Oil Co. v. JonesCourt of Appeals for the Tenth Circuit · 1949
- Commissioner of Internal Revenue v. AmbroseCourt of Appeals for the Fifth Circuit · 1942
11 more not listed; retrieve them via the Exa API.