Legal Opinion
Interstate Drop Forge Company, a Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided January 29, 1964No. 14260PublishedCited by 26 opinions
1Opinion of the Court
SWYGERT, Circuit Judge.
Petitioner, Interstate Drop Forge Company, a Wisconsin corporation with its principal place of business in Milwaukee, petitions this court for a re-determination of its income tax liability for the year 1957. The Commissioner of Internal Revenue assessed a tax deficiency of $15,600 based on a disallowance of a deduction of $30,000 which was taken by taxpayer as a business expense in its 1957 return. The deduction represented a payment made to the widow of taxpayer’s deceased president, Charles E. Stone. The Tax Court sustained the Commissioner.
Interstate Drop Forge was…
2Cases cited7 opinions
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Commissioner v. Glenshaw Glass Co.Supreme Court of the United States · 1955
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- Helvering v. ReynoldsSupreme Court of the United States · 1941
- Helvering v. GriffithsSupreme Court of the United States · 1943
2 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Charles Oran Mensik and Mary Mensik v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1964
- Ashland Oil, Inc. v. CommissionerUnited States Tax Court · 1990
- Association of American Railroads v. Interstate Commerce Commission and United States of America, S. C. Loveland Co., Inc., IntervenorCourt of Appeals for the D.C. Circuit · 1977
- Federal Cement Tile Company v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1964
- Schner-Block Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
21 more not listed; retrieve them via the Exa API.