Beeley v. War Contracts Price Adjustment Board
United States Tax Court
1. Renegotiation Act amendment of July 1, 1943, expressly including contracts with Defense Plant Corporation, held, to have retroactive force to date of original act rendering renegotiable petitioners' contracts with Defense Corporation paid for after date of original act but prior to amendment; held, further, that such retroactive provisions do not render the amendments unconstitutional.
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1. Renegotiation Act amendment of July 1, 1943, expressly including contracts with Defense Plant Corporation, held, to have retroactive force to date of original act rendering renegotiable petitioners' contracts with Defense Corporation paid for after date of original act but prior to amendment; held, further, that such retroactive provisions do not render the amendments unconstitutional. National Electric Welding Machines Co., 10 T.C. 49, followed. 2. All of petitioners' profits from renegotiable sales during the period here in question are renegotiable and it is held that the War Contracts…
1Opinion of the Court
Alfred S. Beeley, James A. Beeley, George E. Duckworth, Raymond Beeley, and Doris B. Duckworth, Copartners, Doing Business Under the Firm Name and Style of Texas Pipe Bending Company, Petitioners, v. War Contracts Price Adjustment Board, Respondent
Beeley v. War Contracts Price Adjustment Board
Docket No. 387-R
United States Tax Court
12 T.C. 61; 1949 U.S. Tax Ct. LEXIS 291;
January 27, 1949, Promulgated
1. Renegotiation Act amendment of July 1, 1943, expressly including contracts with Defense Plant Corporation, held, to have retroactive force to date of original act rendering renegotiable…
2Cases cited2 opinions
- Nat'l Elec. Welding Machs. Co. v. StimsonUnited States Tax Court · 1948
- Beeley v. War Contracts Price Adjustment BoardUnited States Tax Court · 1949