Legal Opinion
Champlin v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided August 22, 1935No. 1207PublishedCited by 18 opinions
1Opinion of the Court
McDERMOTT, Circuit Judge.
The background of the controversy now for decision will be found in (C. C. A.) 71 F.(2d) 23. This installment deals with the allowances made petitioner for depletion of the oil reserves giving rise to the income taxed in 1918, 1919, and 1920. In 1926, after elaborate computations, the Commissioner valued the oil reserves and the lease. His figures as to intrinsic values are not now and never have been disputed. Petitioner’s title to the lease had been in serious litigation since 1916, but was ultimately vindicated in 1924. Despite the litigation, petitioner and his…
2Cases cited19 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- North American Oil Consolidated v. BurnetSupreme Court of the United States · 1932
- Palmer v. BenderSupreme Court of the United States · 1932
- United States v. LudeySupreme Court of the United States · 1927
- Weiss v. WeinerSupreme Court of the United States · 1929
14 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Rosenthal v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1953
- Keeler v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1950
- Ryan v. AlexanderCourt of Appeals for the Tenth Circuit · 1941
- Lamb v. Smith, Collector of Internal RevenueCourt of Appeals for the Third Circuit · 1950
- CH Mead Coal Co. v. Commissioner of Internal Rev.Court of Appeals for the Fourth Circuit · 1939
13 more not listed; retrieve them via the Exa API.