Legal Opinion
Newport Federal Savings & Loan Ass'n v. United States
District Court, E.D. Arkansas
Decided October 3, 1966No. B-65-C-16PublishedCited by 10 opinions
1Opinion of the Court
Memorandum Opinion
HENLEY, Chief Judge.
This is a suit brought against the United States by Newport Federal Sayings & Loan Association for the purpose of securing a refund of income tax, negligence penalty and interest, paid by it following a deficiency assessment made by the Commissioner of Internal Revenue with respect to calendar year 1960. The cause is now before the Court on the cross motions of the parties for summary judgment.
Plaintiff is a mutual savings and loan association which has been doing business in Newport, Jackson County, Arkansas, since 1934. Its deposits are insured by the…
2Cases cited9 opinions
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- Hurd v. Sheffield Steel Corp.Court of Appeals for the Eighth Circuit · 1950
- Rio Grande Bldg. & Loan Ass'n v. CommissionerUnited States Tax Court · 1961
- Kansas City Southern Ry. Co. v. Commissioner of Int. Rev.Court of Appeals for the Eighth Circuit · 1931
- Joseph Kennedy v. R. C. Bennett, D/B/A Bennett Lumber CompanyCourt of Appeals for the Eighth Circuit · 1958
4 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Equitable Savings & Loan Ass'n v. State Tax CommissionOregon Supreme Court · 1968
- Leesburg Federal Sav. & Loan Asso. v. CommissionerUnited States Tax Court · 1970
- Equitable Savings & Loan Ass'n v. State Tax CommissionOregon Tax Court · 1967
- Centralia Federal Sav. & Loan Asso. v. CommissionerUnited States Tax Court · 1976
- Home Sav. & Loan Asso. v. CommissionerUnited States Tax Court · 1983
5 more not listed; retrieve them via the Exa API.