Legal Opinion
Central & South West Corporation v. Brown
District Court, D. Delaware
Decided December 20, 1965No. Civ. A. 2344PublishedCited by 10 opinions
1Opinion of the Court
STEEL, District Judge.
This is a civil action for refund of income taxes and interest for the year 1954 plus statutory interest thereon paid by one of the plaintiffs, West Texas Utilities Company, (hereinafter “West Texas”), in the amount of $53,902.33. The Court has jurisdiction under 28 U.S.C. §§ 1331(a), 1340, 1346(a) (1), and 1391(b).
The claim arises under section 247 of the I.R.C. of 1954. That section' allowed a public utility, in computing its. taxable income for 1954, to deduct 1 %2% of “the amount of dividends paid during the taxable year on its preferred stock.”
In 1954, prior to June…
2Cases cited15 opinions
- United States v. DavisSupreme Court of the United States · 1962
- Hellmich v. HellmanSupreme Court of the United States · 1928
- Paragon Jewel Coal Co. v. CommissionerSupreme Court of the United States · 1965
- Commissioner v. Philadelphia Transportation Co.Supreme Court of the United States · 1949
- Commissioner of Internal Revenue v. Philadelphia Transp. Co.Court of Appeals for the Third Circuit · 1949
10 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Union Pacific Railroad v. United StatesUnited States Court of Claims · 1975
- Kentucky Utilities Co. v. GlennCourt of Appeals for the Sixth Circuit · 1968
- Callan v. Comm'rUnited States Tax Court · 1970
- Donald E. Baker and Barbara M. Baker v. United StatesCourt of Appeals for the Eighth Circuit · 1972
- Southwest Grease & Oil Co. v. United StatesDistrict Court, D. Kansas · 1969
5 more not listed; retrieve them via the Exa API.