Legal Opinion
Virginian Hotel Corporation v. Helvering, Commissioner of Internal Revenue
Supreme Court of the United States
Decided October 11, 1943No. 766PublishedCited by 135 opinions
1Opinion of the CourtJustice Douglas
The facts of this case are stipulated. Petitioner operates an hotel. From 1927 through 1937 petitioner (or its predecessor) reported in its income tax returns depreciation on certain of its assets on a straight-line basis.1 No objection was taken by the Commissioner or his agents to the amounts claimed and deducted. In 1938 petitioner claimed a deduction for depreciation at the same rates. The Commissioner determined that the useful life of the equipment was longer than petitioner claimed and that therefore lower depreciation rates should be used.2 Accordingly a deficiency was computed. The…
2Cases cited9 opinions
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- United States v. LudeySupreme Court of the United States · 1927
- Butler Bros. v. McColgan, Franchise Tax CommissionerSupreme Court of the United States · 1942
- Helvering v. State-Planters Bank & Trust Co.Court of Appeals for the Fourth Circuit · 1942
- Pittsburgh Brewing Co. v. Commissioner of Int. Rev.Court of Appeals for the Third Circuit · 1939
4 more not listed; retrieve them via the Exa API.
3Cited by135 opinions
- United States v. HemmeSupreme Court of the United States · 1986
- Weir Long Leaf Lumber Co. v. CommissionerUnited States Tax Court · 1947
- Bertrand W. Cohn v. United States of America, William R. Kent v. United States of America, Louise C. Kent v. United StatesCourt of Appeals for the Sixth Circuit · 1958
- Fruehauf Trailer Co. v. CommissionerUnited States Tax Court · 1964
- P. Dougherty Co. v. CommissionerUnited States Tax Court · 1945
130 more not listed; retrieve them via the Exa API.