Legal Opinion
Wier Long Leaf Lumber Co. v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided March 17, 1949No. 12447PublishedCited by 64 opinions
1Opinion of the Court
HUTCHESON, Circuit Judge.
Having to do with a claimed deficiency in excess profits tax for the year 1942, and counterclaims to an unused excess profits credit carry-back for 1943 and 1944, this petition brings up for review, on stipulated facts,1 a question of law, of first impression and of prime importance. This question is: “Is a corporation which, pursuant to resolution adopted on Dec. 14, 1942, began liquidation in 1942, and continued in liquidation in 1943 and 1944, entitled for the years 1943 and 1944 to the benefit of the unused excess profits credit carry back provisions of Sec.…
2Cases cited8 opinions
- National Investors Corporation v. HoeyCourt of Appeals for the Second Circuit · 1944
- Weir Long Leaf Lumber Co. v. CommissionerUnited States Tax Court · 1947
- O'Sullivan Rubber Co. v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1941
- Taylor Oil & Gas Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1931
- United States v. KingmanCourt of Appeals for the Fifth Circuit · 1948
3 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Massey Motors, Inc. v. United StatesSupreme Court of the United States · 1960
- Fribourg Navigation Co. v. CommissionerSupreme Court of the United States · 1966
- Bertrand W. Cohn v. United States of America, William R. Kent v. United States of America, Louise C. Kent v. United StatesCourt of Appeals for the Sixth Circuit · 1958
- Stonybrook Tenants Association, Inc. v. AlpertDistrict Court, D. Connecticut · 1961
- Macabe Co. v. CommissionerUnited States Tax Court · 1964
59 more not listed; retrieve them via the Exa API.