Legal Opinion
Jerry Rossman Corporation v. Commissioner of Int. Rev.
Court of Appeals for the Second Circuit
Decided July 5, 1949No. 105, Docket 21098PublishedCited by 74 opinions
1Opinion of the Court
L. HAND, Chief Judge.
The petitioner appeals from an order of the Tax Court, in banc, seven judges dissenting, assessing a deficiency in its excess profits tax for the year 1943. Only one question is involved: whether the taxpayer was entitled to deduct a payment made to the United States during the year in question in circumstances to b-e stated. The taxpayer was a “converter” of “greige goods,” which shrink or stretch in the process of dyeing to- an extent not determinable in advance. During the period in question its prices were fixed upon a “cost plus” basis by regulations pomulgated under…
2Cases cited9 opinions
- Commissioner v. HeiningerSupreme Court of the United States · 1943
- Anderson National Bank v. LuckettSupreme Court of the United States · 1944
- United States v. La FrancaSupreme Court of the United States · 1931
- Lipke v. LedererSupreme Court of the United States · 1922
- United States v. KleinSupreme Court of the United States · 1938
4 more not listed; retrieve them via the Exa API.
3Cited by74 opinions
- Tank Truck Rentals, Inc. v. CommissionerSupreme Court of the United States · 1958
- Lilly v. CommissionerSupreme Court of the United States · 1952
- Marks v. CommissionerUnited States Tax Court · 1956
- National Brass Works, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1950
- Boyle, Flagg & Seaman, Inc. v. CommissionerUnited States Tax Court · 1955
69 more not listed; retrieve them via the Exa API.