Legal Opinion
American Community Builders, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided March 22, 1962No. 13533_1PublishedCited by 17 opinions
1Opinion of the Court
MERCER, District Judge.
By its judgment, the tax court determined that there is a deficiency in income tax due from petitioner to the United States in the amount of $173,960.20, for the taxable year 1953 and in the amount of $75,691.22 for the taxable year 1954. 1 The case is before us upon a petition to review that judgment.
The single legal issue presented by the petition is a question of the construction and application of remedial legislation 2 enacted by Congress to cushion the effect upon accrual-basis taxpayers of the decision in Commissioner of Internal Revenue v. Hansen, 360 U.S. 446,…
2Cases cited14 opinions
- Ex Parte CollettSupreme Court of the United States · 1949
- Commissioner v. HansenSupreme Court of the United States · 1959
- Helvering v. City Bank Farmers Trust Co.Supreme Court of the United States · 1935
- Wisconsin RR Comm. v. C., B. & QRR CO.Supreme Court of the United States · 1922
- George Van Camp & Sons Co. v. American Can Co.Supreme Court of the United States · 1929
9 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Sherwin S. Stern v. United States Gypsum, Inc.Court of Appeals for the Seventh Circuit · 1977
- United States v. Harold Lawrence BlasiusCourt of Appeals for the Second Circuit · 1968
- Gunderson Bros. Engineering Corp. v. CommissionerUnited States Tax Court · 1964
- Sid Luckman and Estelle Luckman v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1969
- Glenn L. Bolling and Ila L. Bolling, Mae L. Hausmann, Fairhills Company, B & H Homes, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1966
12 more not listed; retrieve them via the Exa API.