Legal Opinion
Commissioner of Internal Revenue v. MacDonald Eng. Co.
Court of Appeals for the Seventh Circuit
Decided April 1, 1939No. 6655PublishedCited by 17 opinions
1Opinion of the Court
SPARKS, Circuit Judge.
The Commissioner petitions for review ■of a decision of the Board of Tax Appeals allowing a deduction for worthless debt from the income tax of ■ respondent for the year 1929, contending that the debt for which the deduction was allowed was neither ascertained to be worthless in the taxable year nor properly charged off.
The MacDonald Engineering Company ■of California, hereinafter referred to as the California Company, is a wholly owned ■subsidiary of the MacDonald Engineering ■Company of Illinois, hereinafter referred to as the taxpayer, organized about 1919 to design…
2Cases cited15 opinions
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Avery v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1927
- Shiman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1932
- Duffin v. LucasCourt of Appeals for the Sixth Circuit · 1932
- Jones v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1930
10 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Riss v. CommissionerUnited States Tax Court · 1971
- Hamlen v. WelchCourt of Appeals for the First Circuit · 1940
- Reading Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1942
- Belser v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Fourth Circuit · 1949
- Bartlett v. CommissionerCourt of Appeals for the Fourth Circuit · 1940
12 more not listed; retrieve them via the Exa API.