Legal Opinion
Commissioner of Internal Revenue v. Iowa Limestone Company
Court of Appeals for the Eighth Circuit
Decided July 10, 1959No. 16093PublishedCited by 21 opinions
1Opinion of the Court
VAN OOSTERHOUT, Circuit Judge.
The Commissioner of Internal Revenue has filed timely petition for review of the decision of the Tax Court (opinion reported 28 T.C. 881) rejecting his contention that the taxpayer owes additional income tax for the years 1950 1 and 1951 by reason of claiming more percentage depletion than it was entitled to under section 114(b) (4) of the Internal Revenue Code of 1939, 26 U.S.C.A. § 114(b) (4). 2
The principal question presented is the amount of percentage depletion allowable to the taxpayer upon the pulverized chemical grade limestone it mines and processes.…
2Cases cited11 opinions
- Anderson v. HelveringSupreme Court of the United States · 1940
- United States v. Cherokee Brick & Tile CompanyCourt of Appeals for the Fifth Circuit · 1955
- Dragon Cement Company, Inc. v. United StatesCourt of Appeals for the First Circuit · 1957
- Cannelton Sewer Pipe Company v. United StatesCourt of Appeals for the Seventh Circuit · 1959
- T. L. Townsend, Acting District Director of Internal Revenue v. The Hitchcock CorporationCourt of Appeals for the Fourth Circuit · 1956
6 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- United States v. Cannelton Sewer Pipe Co.Supreme Court of the United States · 1960
- R. A. Riddell, District Director of Internal Revenue, Los Angeles District v. Monolith Portland Cement Co.Court of Appeals for the Ninth Circuit · 1962
- Halquist v. CommissionerUnited States Tax Court · 1959
- Morton Salt Company, a Corporation v. The United StatesUnited States Court of Claims · 1963
- Utah Alloy Ores, Inc. v. CommissionerUnited States Tax Court · 1960
16 more not listed; retrieve them via the Exa API.