Legal Opinion
Helvering v. Ohio Leather Co.
Supreme Court of the United States
Decided November 9, 1942No. Nos. 40—42PublishedCited by 63 opinions
1Opinion of the CourtJustice Murphy
The issue is whether respondents are entitled to certain claimed credits against their undistributed profits tax for the 1936 taxable year 1 by virtue of § 26 (c) (2) of the Revenue Act of 1936, 49 Stat. 1648. 2
In each of these cases the taxpayer corporation contracted prior to May 1, 1936, by a written agreement, to apply a percentage of its net earnings of a particular calendar year to an indebtedness of the corporation; in each case the agreement expressly provided only that the payment of the specified percentage was to be made on or before a certain date — April 1 in the case of the Ohio…
2Cases cited6 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Helvering v. Northwest Steel Rolling Mills, Inc.Supreme Court of the United States · 1940
- White v. United StatesSupreme Court of the United States · 1938
- Helvering v. Moloney Electric Co.Court of Appeals for the Eighth Circuit · 1941
- Commissioner of Internal Revenue v. Strong Mfg. Co.Court of Appeals for the Sixth Circuit · 1941
1 more not listed; retrieve them via the Exa API.
3Cited by63 opinions
- United States v. Community Services, Inc.Court of Appeals for the Fourth Circuit · 1951
- Gehring Publishing Co. v. CommissionerUnited States Tax Court · 1942
- GROUP HEALTH CO-OP. OF PUGET SOUND, INC. v. State Tax Comm'nWashington Supreme Court · 1967
- Oregon Physicians' Service v. State Tax CommissionOregon Supreme Court · 1960
- Group Health Cooperative of Puget Sound, Inc. v. Washington State Tax CommissionWashington Supreme Court · 1967
58 more not listed; retrieve them via the Exa API.