Legal Opinion
American Trust Co. v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided February 25, 1929No. 5604PublishedCited by 12 opinions
1Opinion of the Court
DIETRICH, Circuit Judge.
On December 31,1920, the American National Bank of San Francisco, hereinafter referred to as the petitioner, charged off on its books, and later in its income tax return for that year deducted from gross income, the sum of $68,538.41 as a bad debt. Disallowing the deduction, the Commissioner assessed an additional tax of $18,410.72. Petitioner appealed to the Board of Tax Appeals, and, failing to get relief, it comes here upon a petition for review.
The material facts are as follows: In April, 1920, at the request of Joseph De Bona, one of its customers, the Border…
2Cases cited7 opinions
- Wickwire v. ReineckeSupreme Court of the United States · 1927
- Avery v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1927
- Royal Packing Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1927
- Blair v. CurranCourt of Appeals for the First Circuit · 1928
- Brown v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1927
2 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Hamlen v. WelchCourt of Appeals for the First Circuit · 1940
- Moore v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1939
- Helvering v. AmesCourt of Appeals for the Eighth Circuit · 1934
- Pacific Nat. Bank v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
- Redfield v. EatonDistrict Court, D. Connecticut · 1931
7 more not listed; retrieve them via the Exa API.