Legal Opinion
Canal-Randolph Corporation v. United States
Court of Appeals for the Seventh Circuit
Decided December 23, 1977No. 77-2265PublishedCited by 7 opinions
1Per curiam
In March 1973, taxpayer Canal-Randolph Corporation filed a complaint, supplemented a few months later, seeking the refund of federal income tax and interest payments totaling $305,825.78 (plus statutory interest) for its fiscal year ending October 1, 1964. Count One complained that taxpayer was entitled to deduct from gross income $607,601 in corporate organization expenses, and Count Two asserted that payments of $87,498 to plaintiff’s predecessor by Armour and Company and Swift & Company, meat packers, in settlement of litigation should have been taxed as long-term capital gain rather than…
2Cases cited10 opinions
- Anchor Coupling Company, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1970
- Clark Oil and Refining Corporation v. United StatesCourt of Appeals for the Seventh Circuit · 1973
- Sager Glove Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1962
- Vulcan Materials Company v. United StatesCourt of Appeals for the Fifth Circuit · 1971
- Dragon Cement Company, Inc. v. United StatesCourt of Appeals for the First Circuit · 1957
5 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Freda v. COMMISSIONER OF INTERNAL REVENUECourt of Appeals for the Seventh Circuit · 2011
- Brian L. Nahey and Carol J. Nahey v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2000
- Patrick v. CommissionerCourt of Appeals for the Seventh Circuit · 2015
- Brian L. Nahey and Carol J. Nahey v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2000
- Brian L. Nahey and Carol J. Nahey v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2000
2 more not listed; retrieve them via the Exa API.