Legal Opinion
Union National Bank of Youngstown v. United States
District Court, N.D. Ohio
Decided January 8, 1965No. Civ. A. No. 35495PublishedCited by 8 opinions
1Opinion of the Court
BATTISTI, District Judge.
This action is brought by the Union National Bank of Youngstown, Plaintiff, for the recovery of federal income tax deficiencies resulting from the Commissioner of Internal Revenue’s disallowance of deductions for additions to the Bank’s bad debt reserve for the calendar years 1954, 1955, and 1956. Jurisdiction is conferred by 28 U.S.C.A. § 1346(a) (1).
Plaintiff Bank paid the amounts of tax shown to be due on each of its federal income tax returns for the years 1954, 1955, and 1956 within the time allowed by law. Subsequently, the Commissioner caused an audit to be…
2Cases cited16 opinions
- C. P. Ford & Co. v. CommissionerUnited States Board of Tax Appeals · 1933
- The Paramount Finance Company v. The United States. Edward T. Kirtz and Rosalyn S. Kirtz v. The United StatesUnited States Court of Claims · 1962
- S. W. Coe & Co. v. V. Y. Dallman, Collector of Internal RevenueCourt of Appeals for the Seventh Circuit · 1954
- Maverick-Clarke Litho Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1950
- American State Bank, a Wisconsin Banking Corporation v. United States of America, (Two Cases)Court of Appeals for the Seventh Circuit · 1960
11 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- North Carolina National Bank v. The United StatesUnited States Court of Claims · 1965
- First Nat'l Bank v. CommissionerUnited States Tax Court · 1965
- The First National Bank in Olney v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1966
- First Trust & Savings Bank v. United StatesDistrict Court, S.D. Iowa · 1969
- First Commercial Bank v. CommissionerUnited States Tax Court · 1965
3 more not listed; retrieve them via the Exa API.