Legal Opinion
WAXLER TOWING CO., INC. v. United States
District Court, W.D. Tennessee
Decided March 26, 1980No. 79-2564PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
WELLFORD, District Judge.
Plaintiff is in the marine towing business. One of its barges was damaged in a collision in June, 1972. Although damage to the barge was covered by insurance, plaintiff did not file a claim under its insurance policy but paid for the repairs to the barge itself and deducted the costs of the repairs on its income tax return for the year ending June 30, 1973. The Commissioner of Internal Revenue disallowed the deduction; plaintiff exhausted its administrative remedies and then filed this action for refund of the taxes it contends were…
2Cases cited7 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Commissioner v. HeiningerSupreme Court of the United States · 1943
- Axelrod v. CommissionerUnited States Tax Court · 1971
- Kentucky Utilities Co. v. GlennCourt of Appeals for the Sixth Circuit · 1968
- Kentucky Utilities Company v. GlennDistrict Court, W.D. Kentucky · 1965
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Henry L. And Frances O. Hills v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 1982
- Henry L. And Frances O. Hills v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 1982