Spreckels Sugar Co. v. United States

The plaintiff sues to recover interest in the sum of $28,-448.97. The question presented is whether the Commissioner of Internal Kevenue properly computed interest on a 1941 income tax overpayment due to general adjustments. Both parties have moved for summary j udgment.

The undisputed facts may be summarized for the purposes of this decision as follows: The plaintiff duly filed-its income and excess profits tax returns for the years 1941 through 1945, and paid the taxes shown due thereon. For 1942,1943, Í944 and 1945, the excess profits tax returns showed no taxes due, which resulted in…