Legal Opinion
Fairbanks, Morse & Co. v. Harrison
District Court, N.D. Illinois
Decided December 13, 1945No. 4828, 44C1568, 4829, 44C1442; Consol. 4828PublishedCited by 8 opinions
1Opinion of the Court
CAMPBELL, District Judge.
This is a consolidated action involving four separate suits for the recovery of federal income and excess profits taxes:
Cause No. 4828.
On November 6, 1942, plaintiff, Fairbanks, Morse & Company, a corporation, filed its complaint in two counts. The first count alleges that on July 13, 1937, this plaintiff filed its income and excess profits tax return reporting an income tax liability of $355,774.76, which was duly paid. In reporting its gross income for the year 1936, the plaintiff claimed a deduction of $188,722.22 as a bad debt loss. This amount is claimed as the…
2Cases cited43 opinions
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Pollock v. Farmers' Loan & Trust Co.Supreme Court of the United States · 1895
- Graves v. New York Ex Rel. O'KeefeSupreme Court of the United States · 1939
- Helvering v. Stockholms Enskilda BankSupreme Court of the United States · 1934
- Weston and Others v. the City Council of CharlestonSupreme Court of the United States · 1829
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3Cited by8 opinions
- United States v. Imperial Chemical Industries, Ltd.District Court, S.D. New York · 1952
- Newlin Machinery Corp. v. CommissionerUnited States Tax Court · 1957
- O'NEILL v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1948
- King v. CommissionerUnited States Tax Court · 1981
- Drew v. United StatesDistrict Court, S.D. Texas · 1975
3 more not listed; retrieve them via the Exa API.