Legal Opinion
The Capitol Motor Car Company v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided March 15, 1963No. 15050PublishedCited by 6 opinions
1Per curiam
Taxpayer was the owner of improved land with a building on it located in Columbus, Ohio. Prior to 1949 taxpayer used the property for the operation of its automobile sales and service business. Subsequently, the property was rented to an automobile agency, later to a school and finally to Ohio Fuel Gas Company for a paint shop and other purposes connected with the production, transportation and distribution of gas.
The City of Columbus condemned the property for highway purposes. On October 17, 1957, taxpayer was awarded $180,000 for the property on which it realized a gain of $125,355.06.…
2Cases cited7 opinions
- Loco Realty Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- Liant Record, Inc., William I. Alpert and Paula G. Alpert, Abraham Alpert and Sarah Alpert, Jack L. Alpert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1962
- Thomas McCaffrey Jr. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1960
- Liant Record, Inc. v. CommissionerUnited States Tax Court · 1961
- The Clifton Investment Company v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1963
2 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Lucile McAulay Filippini, as of the Last Will and Testament of Carra McAulay Deceased v. United StatesCourt of Appeals for the Ninth Circuit · 1963
- Johnson v. CommissionerUnited States Tax Court · 1965
- S. E. Ponticos, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1964
- Johnson v. CommissionerUnited States Tax Court · 1965
- S. E. Ponticos, Inc. v. CommissionerUnited States Tax Court · 1963
1 more not listed; retrieve them via the Exa API.