Legal Opinion
Bernard Realty Co. v. United States
Court of Appeals for the Seventh Circuit
Decided May 7, 1951No. 10315_1PublishedCited by 16 opinions
1Opinion of the Court
DUFFY, Circuit Judge.
These appeals involve an original judgment and an amended judgment, in an action brought by the taxpayer with respect to its alleged liability for excess profits taxes for the calendar years 1943 and 1944. The original judgment was corrected and superseded by the amended judgment. On April 1, 1940, taxpayer, a Wisconsin corporation, entered into a written land contract for the purchase of improved real estate in the city of Milwaukee. The agreed purchase price was $325,000, payable $50,-000 down, $1,458.33 monthly for the period between April, 1943, and March, 1950, and…
2Cases cited14 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Crane v. CommissionerSupreme Court of the United States · 1947
- Lyeth v. HoeySupreme Court of the United States · 1938
- Helvering v. Northwest Steel Rolling Mills, Inc.Supreme Court of the United States · 1940
9 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Ennis v. CommissionerUnited States Tax Court · 1951
- Jacob Sincoff, Inc. v. CommissionerUnited States Tax Court · 1953
- Hunt Foods, Inc. v. CommissionerUnited States Tax Court · 1951
- Adams Brothers Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1955
- McCullough Tool Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
11 more not listed; retrieve them via the Exa API.