Legal Opinion
Interstate Transit Lines v. Commissioner
Supreme Court of the United States
Decided June 14, 1943No. 552PublishedCited by 474 opinions
1Opinion of the CourtJustice Reed
This case involves a claim by the taxpayer to treatment of itself and a subsidiary as a single taxable person. The writ of certiorari was granted because of uncertainties in this area of important federal tax law. See Moline Properties v. Commissioner, ante, p. 436, n. 1. Petitioner, Interstate Transit Lines, sought to deduct $28,100.66 as an ordinary and necessary business expense for the year 1936. § 23 (a), Revenue Act of 1936.1 This sum represented a credit to its subsidiary, Union Pacific Stages of California, pursuant to a contract by which petitioner was to be liable for all operating…
2Cases cited6 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Higgins v. SmithSupreme Court of the United States · 1940
- Edwards v. Chile Copper Co.Supreme Court of the United States · 1926
- Interstate Transit Lines v. Commissioner of Int. Rev.Court of Appeals for the Eighth Circuit · 1942
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3Cited by474 opinions
- Indopco, Inc. v. CommissionerSupreme Court of the United States · 1992
- Carlos and Jacqueline Marcello v. Commissioner of Internal Revenue, Joseph, Jr. And Anastasia Marcello v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1967
- John Kelley Co. v. CommissionerSupreme Court of the United States · 1946
- Bartels v. BirminghamSupreme Court of the United States · 1947
- Roberts v. CommissionerUnited States Tax Court · 1974
469 more not listed; retrieve them via the Exa API.