Matson Navigation Co. v. Commissioner
United States Tax Court
Rule 121, Tax Court Rules of Practice and Procedure. -- P moved for summary judgment, asserting that its depreciation deductions for the taxable years 1965 through 1969 were allowable in accordance with Rev. Procs. 62-21, 1962-2 C.B. 418, and 65-13, 1965-1 C.B. 759, or in the alternative, that if adjustments are to be made in its depreciation deductions, the Court can and should decide in accordance with such revenue procedures the amount of such adjustments.
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Rule 121, Tax Court Rules of Practice and Procedure. -- P moved for summary judgment, asserting that its depreciation deductions for the taxable years 1965 through 1969 were allowable in accordance with Rev. Procs. 62-21, 1962-2 C.B. 418, and 65-13, 1965-1 C.B. 759, or in the alternative, that if adjustments are to be made in its depreciation deductions, the Court can and should decide in accordance with such revenue procedures the amount of such adjustments. Held, motion granted in part and denied in part; Rev. Procs. 62-21, 65-13, and 68-27, 1968-2 C.B. 911, interpreted and applied.
1Opinion of the Court
Matson Navigation Company, Petitioner v. Commissioner of Internal Revenue, Respondent; Alexander and Baldwin, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent
Matson Navigation Co. v. Commissioner
Docket Nos. 1625-74, 1626-74
United States Tax Court
67 T.C. 938; 1977 U.S. Tax Ct. LEXIS 139;
March 16, 1977, Filed
Rule 121, Tax Court Rules of Practice and Procedure. -- P moved for summary judgment, asserting that its depreciation deductions for the taxable years 1965 through 1969 were allowable in accordance with Rev. Procs. 62-21, 1962-2 C.B. 418, and 65-13, 1965-1 C.B. 759, or in…
2Cases cited10 opinions
- Massey Motors, Inc. v. United StatesSupreme Court of the United States · 1960
- Shiosaki v. CommissionerUnited States Tax Court · 1974
- Casey v. CommissionerUnited States Tax Court · 1962
- Hoeme v. CommissionerUnited States Tax Court · 1974
- Matson Navigation Co. v. CommissionerUnited States Tax Court · 1977
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