Oregon Brass Works v. War Contracts Price Adjustment Board
United States Tax Court
On May 31, 1945, the respondent's delegatee sent a letter to petitioner which stated, in part, "This notice, * * * constitutes commencement of the renegotiation proceedings in conformity with * * * the Renegotiation Act." The letter also set the date of a conference with respect to renegotiation of petitioner's contracts. On the same date respondent's delegatee sent another letter to petitioner tentatively cancelling the date of the conference.
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On May 31, 1945, the respondent's delegatee sent a letter to petitioner which stated, in part, "This notice, * * * constitutes commencement of the renegotiation proceedings in conformity with * * * the Renegotiation Act." The letter also set the date of a conference with respect to renegotiation of petitioner's contracts. On the same date respondent's delegatee sent another letter to petitioner tentatively cancelling the date of the conference. Held, the renegotiation proceedings were timely commenced by the letter of May 31, 1945, and the tentative cancellation of the original date of the…
1Opinion of the Court
OPINION.
Van Fossan, Judge:
On June 26, 1944, petitioner filed for its fiscal year 1943 the Standard Form of Contractor’s Report required by subsection (c) (5) (A) of the Renegotiation Act of 1943, which reads, in part, as follows:
Every contractor * * * shall, * * * file with the Board * * * following the close of the fiscal year * * * a financial statement setting forth such Information as the Board may by regulations prescribe as necessary to carry out this section. * * *
Subsection (c) (1) provides, in part, that:
Whenever, in the opinion of the Board, the amounts received or accrued under…
2Cases cited4 opinions
- J. H. Sessions & Son v. Secretary of WarUnited States Tax Court · 1946
- Buck v. War Contracts Price Adjustment BoardUnited States Tax Court · 1948
- Brady v. War Contracts Price Adjustment BoardUnited States Tax Court · 1948
- Harney v. LandUnited States Tax Court · 1950
3Cited by2 opinions
- Northwest Automatic Products Corp. v. United StatesUnited States Tax Court · 1955
- Oregon Brass Works v. War Contracts Price Adjustment BoardUnited States Tax Court · 1951