Legal Opinion
Commissioner of Int. Rev. v. Texas-Empire Pipe Line Co.
Court of Appeals for the Tenth Circuit
Decided July 5, 1949No. 3810PublishedCited by 16 opinions
1Opinion of the Court
MURRAH, Circuit Judge.
Abstractly stated, this appeal from the Tax Court involves the question whether a depreciation deduction is allowable under Section 23(1) (1) of the Internal Revenue Code, 26 U.S.C.A. § 23(0 (1), on an amount representing the' difference 'between the judicially ’determined fair market value of assets, and their depreciated cost on the books of the taxpayer. A preliminary, and we think decisive, question is whether a judgment of the Tax Court in a proceedings between the same parties involving taxpayer’s liability for another taxable year, operates as an estoppel to a…
2Cases cited8 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Gillespie v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1945
- Texas--Empire Pipe Line Co. v. CommissionerUnited States Tax Court · 1948
- Continental Oil Co. v. JonesCourt of Appeals for the Tenth Circuit · 1949
- Texas-Empire Pipe Line Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1942
3 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Computing & Software, Inc. v. CommissionerUnited States Tax Court · 1975
- Fairmont Aluminum Co. v. CommissionerUnited States Tax Court · 1954
- United States v. CornishCourt of Appeals for the Ninth Circuit · 1965
- Northern Natural Gas Company v. United States of America, Northern Propane Gas Company v. United StatesCourt of Appeals for the Eighth Circuit · 1973
- Jones v. TrappCourt of Appeals for the Tenth Circuit · 1950
11 more not listed; retrieve them via the Exa API.