Legal Opinion
City National Bank of Clinton v. IOWA STATE TAX COM'N
Supreme Court of Iowa
Decided April 5, 1960No. 49957PublishedCited by 27 opinions
1Opinion of the CourtLarson, C. J.
Tbe issues presented on this appeal arise by reason of constitutional objections to the provisions of section 6, chapter 208, Laws of the Fifty-sixth General Assembly, which amended section 422.7, Code of Iowa, 1954, to provide as follows:
“The term ‘net income’ means the adjusted gross income as computed for federal income tax purposes under the Internal Revenue Code of 1954, with the following adjustments: [1. and 2. not applicable here.]
“3. Where the adjusted gross income includes capital gains or losses, or gains or losses from property other than capital assets, and such gains or losses…
2Cases cited21 opinions
- Nichols v. CoolidgeSupreme Court of the United States · 1927
- Welch v. HenrySupreme Court of the United States · 1938
- Milliken v. United StatesSupreme Court of the United States · 1931
- Lynch v. HornbySupreme Court of the United States · 1918
- Lynch v. TurrishSupreme Court of the United States · 1918
16 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Kellems v. BrownSupreme Court of Connecticut · 1972
- Thorpe v. MahinIllinois Supreme Court · 1969
- Katzenberg v. Comptroller of the TreasuryCourt of Appeals of Maryland · 1971
- Production Credit Ass'n v. Department of TreasuryMichigan Supreme Court · 1978
- Marco Associates, Inc. v. Comptroller of the TreasuryCourt of Appeals of Maryland · 1972
22 more not listed; retrieve them via the Exa API.