Legal Opinion
Yellow Freight System, Inc. v. United States
Court of Appeals for the Eighth Circuit
Decided June 15, 1976No. 75-1670PublishedCited by 41 opinions
1Opinion of the Court
ROSS, Circuit Judge.
This suit was brought by Yellow Freight System, Incorporated (hereinafter taxpayer) against the United States to recover federal income taxes and assessed interest in the amount of $203,498.76 for the taxable years 1963, 1964, 1965 and 1966. The controlling issue on this appeal is whether certain docks, dock additions and inspection lanes, constructed by the taxpayer in the years at issue, are investment credit properties within the meaning of section 48(a)(1)(B) of the Internal Revenue Code, 26 U.S.C. § 48(a)(1)(B) (1970), as amended, 26 U.S.C. § 48(a)(1)(B) (Supp. IV,…
2Cases cited9 opinions
- Catron v. CommissionerUnited States Tax Court · 1968
- Central Citrus Co. v. CommissionerUnited States Tax Court · 1972
- Brown-Forman Distillers Corp. v. United StatesUnited States Court of Claims · 1974
- Satrum v. CommissionerUnited States Tax Court · 1974
- The Kramertown Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1974
4 more not listed; retrieve them via the Exa API.
3Cited by41 opinions
- Cwt Farms, Inc. And Cwt International, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 1985
- Consolidated Freightways, Inc. & Affiliates v. CommissionerUnited States Tax Court · 1980
- Illinois Cereal Mills, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1986
- A. C. Monk & Company, Inc. v. The United States of America, A. C. Monk & Company, Inc. v. The United States of AmericaCourt of Appeals for the Fourth Circuit · 1982
- Valmont Industries, Inc. v. CommissionerUnited States Tax Court · 1980
36 more not listed; retrieve them via the Exa API.