Legal Opinion
Citizens Water Co. v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided February 4, 1937No. 10548PublishedCited by 9 opinions
1Opinion of the Court
STONE, Circuit Judge.
This is a petition to review redeterminations by the Board of Tax Appeals of the corporation income taxes of petitioner for the years 1930 and 1931.
Petitioner is a corporation organized under the statutes of Iowa and engaged in the business of furnishing water to the city of Burlington, Iowa. Its net income for 1930 was $43,804.80 and for 1931 was $32,349.55. Petitioner claimed these incomes were entirely exempt under the provisions, of Section 116(d) of the Revenue Act of 1928 (45 Stat. 791, 823 [26 U.S.C.A. § 116 and note]). The Board sustained the determination of the…
2Cases cited10 opinions
- Metcalf & Eddy v. MitchellSupreme Court of the United States · 1926
- Burnet v. Coronado Oil & Gas Co.Supreme Court of the United States · 1932
- Railroad Co. v. PenistonSupreme Court of the United States · 1873
- Indian Motocycle Co. v. United StatesSupreme Court of the United States · 1931
- Clallam County v. United StatesSupreme Court of the United States · 1923
5 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Winston v. Children And Youth Services Of Delaware CountyCourt of Appeals for the Third Circuit · 1991
- City of Woodway, McLennan County, Texas v. United StatesCourt of Appeals for the Fifth Circuit · 1982
- Helvering v. Claiborne-Annapolis Ferry Co.Court of Appeals for the Fourth Circuit · 1938
- Troy State University v. CommissionerUnited States Tax Court · 1974
- City of Burlington v. United StatesCourt of Appeals for the Eighth Circuit · 1945
4 more not listed; retrieve them via the Exa API.