Legal Opinion
Smith & Wiggins Gin, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided March 12, 1965No. 19981_1PublishedCited by 13 opinions
1Opinion of the Court
MORGAN, District Judge.
This appeal involves deficiencies in federal income tax for the years ending July 31, 1955 and July 31, 1956 in the respective amount of $1,648.28 and $2,573.16. The decision of the Tax Court we are called upon to review under Section 7482 of the Internal Revenue Code of 1954 was entered on February 1, 1962 and is reported at 37 T.C. 861, where the detailed facts may be found.
The two questions presented' are (1) whether an amount received by a predecessor partnership as insurance proceeds for loss by fire, of a cotton gin was expended by it in partial replacement of the…
2Cases cited6 opinions
- Pomeroy Coop. Grain Co. v. CommissionerUnited States Tax Court · 1958
- Pomeroy Cooperative Grain Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1961
- United States v. Mississippi Chemical CompanyCourt of Appeals for the Fifth Circuit · 1964
- Uniform Printing & Supply Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1937
- Peoples Gin Co., Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1941
1 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Mooney Aircraft, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1970
- Union Equity Cooperative Exchange v. CommissionerUnited States Tax Court · 1972
- St. Louis Bank for Cooperatives v. United StatesUnited States Court of Claims · 1980
- Puget Sound Plywood, Inc. v. CommissionerUnited States Tax Court · 1965
- Mississippi Valley Portland Cement Company v. United StatesCourt of Appeals for the Fifth Circuit · 1969
8 more not listed; retrieve them via the Exa API.