Legal Opinion
Milton Bradley Co. v. United States
Court of Appeals for the First Circuit
Decided December 22, 1944No. 4031PublishedCited by 16 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
This case presents the question whether a claim for refund of excise taxes which has been barred by the statute of limitations is deductible as a bad debt or loss in the computation of net income in the year in which the statute ran.
The taxpayer, Milton Bradley Company, is a Massachusetts corporation engaged in the manufacture of jigsaw puzzles. Under Section 609 of the Revenue Act of 1932, 47 Stat. 169, 26 U.S.C.A. Int.Rev.Acts, page 612, imposing a 10% excise tax on sporting goods and games, the taxpayer paid taxes in 1932 and 1933 in the amount of $40,-260.73. In its…
2Cases cited15 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Eckert v. BurnetSupreme Court of the United States · 1931
- McDonald v. CommissionerSupreme Court of the United States · 1944
- White v. AronsonSupreme Court of the United States · 1937
10 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Clark v. CommissionerUnited States Tax Court · 1952
- Hans Zimmerman and Clara Zimmerman, Apellants v. United States of America and District Director of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Loewi & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1956
- Ruby Smith Stahl v. United StatesCourt of Appeals for the D.C. Circuit · 1970
- Inman-Poulsen Lumber Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
11 more not listed; retrieve them via the Exa API.