Legal Opinion
Grandview Mines v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided August 16, 1960No. 16638_1PublishedCited by 21 opinions
1Opinion of the Court
MERRILL, Circuit Judge.
Grandview Mines has petitioned for review of a decision of the Tax Court which denied petitioner a redetermination of alleged deficiencies in income and excess profits taxes for the years 1950 through 1953. At issue is the extent of petitioner’s right to claim percentage depletion allowance. More specifically, the question posed by this petition may be stated as follows: Where the owner of mineral property grants to another the right to extract minerals in return for a percentage of net profits, has the owner the right to a depletion allowance upon a corresponding…
2Cases cited8 opinions
- Commissioner v. CulbertsonSupreme Court of the United States · 1949
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- Kirby Petroleum Co. v. CommissionerSupreme Court of the United States · 1946
- Place v. CommissionerUnited States Tax Court · 1951
- Commissioner of Internal Rev. v. JS Abercrombie Co.Court of Appeals for the Fifth Circuit · 1947
3 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- United States v. Henderson Clay ProductsCourt of Appeals for the Fifth Circuit · 1963
- University Hill Foundation v. CommissionerUnited States Tax Court · 1969
- Fuller v. CommissionerUnited States Tax Court · 1961
- Freesen v. CommissionerUnited States Tax Court · 1985
- Equitable Life Insurance Company of Iowa and Bankers Life Company v. United StatesCourt of Appeals for the Eighth Circuit · 1965
16 more not listed; retrieve them via the Exa API.