Legal Opinion
United States v. General Dynamics Corp.
Supreme Court of the United States
Decided April 22, 1987No. 85-1385PublishedCited by 114 opinions
1Opinion of the CourtJustice Marshall
The issue in this case is whether an accrual-basis taxpayer providing medical benefits to its employees may deduct at the close of the taxable year an estimate of its obligation to pay for medical care obtained by employees or their qualified dependents during the final quarter of the year, claims for which have not been reported to the employer.
*241H-t
Taxpayers, respondents herein, are the General Dynamics Corporation and several of its wholly owned subsidiaries (General Dynamics).1 General Dynamics uses the accrual method of accounting for federal tax purposes; its fiscal year is the same as…
2Cases cited10 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- United States v. AndersonSupreme Court of the United States · 1926
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Brown v. HelveringSupreme Court of the United States · 1934
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
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3Cited by114 opinions
- The Black & Decker Corporation v. United StatesCourt of Appeals for the Fourth Circuit · 2006
- Westbrook v. CommissionerCourt of Appeals for the Fifth Circuit · 1995
- Prabel v. CommissionerUnited States Tax Court · 1988
- American Medical Association, Cross-Appellant v. United States of America, Cross-AppelleeCourt of Appeals for the Seventh Circuit · 1989
- Matter of West Texas Marketing Corp.Court of Appeals for the Fifth Circuit · 1995
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