Legal Opinion
Stockton Harbor Industrial Company v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided December 1, 1954No. 13615_1PublishedCited by 64 opinions
1Opinion of the Court
*640YANKWICH, District Judge.
We are called upon to review a decision of the Tax Court of the United States. The main question before us is whether the petitioner, to whom we. shall refer as the taxpayer, acquired its property in a reorganization and whether the money derived from a condemnation, of land by the United' States Government resulted in a capital gain.,
I
The Scope of Review
The taxpayer filed its tax return on the assumption, that the basis of the land for computing its tax liability in 1944 and 1945 was its cost to it, amounting to $380,000.00' and that the gain from the sale of the…
2Cases cited37 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Helvering v. Southwest Consolidated Corp.Supreme Court of the United States · 1942
- Rollingwood Corp. v. Commissioner of Internal Revenue. Bohannon v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1951
- United States v. HendlerSupreme Court of the United States · 1938
- Grace Bros. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1949
32 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Dwight A. Ward v. Commissioner of Internal Revenue, Hanna P. Ward v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
- Harold Wener v. Commissioner of Internal Revenue, Molly Wener v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1957
- Los Angeles Shipbuilding & Drydock Corporation v. United States of America, United States of America v. Los Angeles Shipbuilding & Drydock CorporationCourt of Appeals for the Ninth Circuit · 1961
- Daugherty v. CommissionerUnited States Tax Court · 1982
- The Pennroad Corporation and Affiliated Companies v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1958
59 more not listed; retrieve them via the Exa API.