Legal Opinion
Helvering v. Cannon Valley Milling Co.
Court of Appeals for the Eighth Circuit
Decided July 15, 1942No. 12206PublishedCited by 11 opinions
1Opinion of the Court
STONE, Circuit Judge.
Taxpayer is a milling company which was subject to processing taxes under the Agricultural Adjustment Act of 1933, 7 U.S.C.A. § 601 et seq. It kept its books on the accrual basis and its fiscal year ended June 30th. It brought suit to test the validity of such taxes. The court ordered deposited with it — to await the result of the suit — such taxes collected by taxpayer from vendees of products processed and sold by it during May and June, 1935, which amounted to $53,148. Taxpayer claimed this sum as a tax deduction in its return for its tax year ending June 30, 1935.…
2Cases cited9 opinions
- United States v. ButlerSupreme Court of the United States · 1936
- Farmers Loan & Trust Co. v. MinnesotaSupreme Court of the United States · 1930
- Helvering v. City Bank Farmers Trust Co.Supreme Court of the United States · 1935
- Helvering v. Union Pacific RailroadSupreme Court of the United States · 1934
- Inland Products Co. v. BlairCourt of Appeals for the Fourth Circuit · 1929
4 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
- Cassatt v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1943
- James M. Pierce Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1964
- Mesaba-Cliffs Min. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
- Commissioner of Internal Rev. v. Security Flour Mills Co.Court of Appeals for the Tenth Circuit · 1943
6 more not listed; retrieve them via the Exa API.