Edgewater Steel Co. v. Commissioner
United States Tax Court
1. Petitioner has not shown that its excess profits taxes computed without the benefit of section 722, Internal Revenue Code of 1939, were excessive and discriminatory because of qualifying factors found in section 722 (b) (2) and (4), Internal Revenue Code of 1939. 2. No deficiencies having been determined for 1940 and 1941, we have no jurisdiction to enter a decision for refunds for such years due to standard issue adjustments pursuant to section 711 (b) (1) (J), Internal…
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1. Petitioner has not shown that its excess profits taxes computed without the benefit of section 722, Internal Revenue Code of 1939, were excessive and discriminatory because of qualifying factors found in section 722 (b) (2) and (4), Internal Revenue Code of 1939. 2. No deficiencies having been determined for 1940 and 1941, we have no jurisdiction to enter a decision for refunds for such years due to standard issue adjustments pursuant to section 711 (b) (1) (J), Internal Revenue Code of 1939. 3. The respondent concedes that the petitioner is entitled to a refund in excess profits tax for…
1Opinion of the Court
Edgewater Steel Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Edgewater Steel Co. v. Commissioner
Docket Nos. 10763, 10764
United States Tax Court
23 T.C. 613; 1955 U.S. Tax Ct. LEXIS 272;
January 11, 1955, Filed
Decisions will be entered under Rule 50.
1. Petitioner has not shown that its excess profits taxes computed without the benefit of section 722, Internal Revenue Code of 1939, were excessive and discriminatory because of qualifying factors found in section 722 (b) (2) and (4), Internal Revenue Code of 1939.
2. No deficiencies having been determined for 1940 and 1941, we…
2Cases cited11 opinions
- Blum Folding Paper Box Co. v. CommissionerUnited States Tax Court · 1945
- Mutual Lumber Co. v. CommissionerUnited States Tax Court · 1951
- Foskett & Bishop Co. v. CommissionerUnited States Tax Court · 1951
- A. B. Frank Co. v. CommissionerUnited States Tax Court · 1952
- Ainsworth Mfg. Corp. v. CommissionerUnited States Tax Court · 1954
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