Legal Opinion
United States v. R. A. Wade, Individually
Court of Appeals for the Fifth Circuit
Decided August 17, 1967No. 23960_1PublishedCited by 9 opinions
1Opinion of the Court
AINSWORTH, Circuit Judge:
This is a suit for recovery of income taxes paid for the years 1958-1961, inclusive. The question presented is whether taxpayer-appellee, a miner of dolomite under a written contract with a quarry owner, had an economic interest in the dolomite in place which entitled him to a percentage depletion allowance in computing his taxable income derived from the mining operations.
R. A. Wade & Company (Wade) was a partnership composed of husband and wife who filed joint income tax returns for the years involved in which they took a percentage depletion deduction of 15 per .…
2Cases cited7 opinions
- Helvering v. Bankline Oil Co.Supreme Court of the United States · 1938
- Parsons v. SmithSupreme Court of the United States · 1959
- Paragon Jewel Coal Co. v. CommissionerSupreme Court of the United States · 1965
- United States Pipe & Foundry Co. v. PattersonDistrict Court, N.D. Alabama · 1962
- United States v. Gordon Simmons and I. v. Simmons, Executors of the Estate of B. Hill SimmonsCourt of Appeals for the Fifth Circuit · 1965
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Kenneth Whitmer and Beatrice Whitmer v. Commissioner of Internal Revenue. William E. Heitzman and Mary Heitzman v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1971
- Harrington v. CommissionerUnited States Tax Court · 1967
- Bakertown Coal Co. v. United StatesUnited States Court of Claims · 1973
- Winters Coal Co., Inc., Petitioner-Appellant-Cross v. Commissioner of Internal Revenue, Respondent-Appellee-CrossCourt of Appeals for the Fifth Circuit · 1974
- Holbrook v. CommissionerUnited States Tax Court · 1975
4 more not listed; retrieve them via the Exa API.