Legal Opinion
Commissioner v. Columbia River Paper Mills
Court of Appeals for the Ninth Circuit
Decided March 30, 1942No. 9869PublishedCited by 12 opinions
1Opinion of the Court
HEALY, Circuit Judge.
This appeal is taken from a decision of the Board of Tax Appeals. It involves the question whether under § 23(b) of the Revenue Act of 1936, 26 U.S.C.AJnt.Rev. Code, § 23(b), the taxpayer is entitled to deduct from gross income for the year 1937 the full amount of interest accrued on bonds dated July 1, 1937, but not actually issued until later in that year.
Taxpayer is a Washington corporation. From the date of its organization in 1923 it had outstanding both common and preferred shares of capital stock, the preferred shares providing for the payment of cumulative…
2Cases cited3 opinions
- Old Colony Railroad v. CommissionerSupreme Court of the United States · 1932
- Commissioner of Internal Revenue v. Proctor ShopCourt of Appeals for the Ninth Circuit · 1936
- Commissioner of Internal Rev. v. TR Miller Mill Co.Court of Appeals for the Fifth Circuit · 1939
3Cited by12 opinions
- Commissioner of Internal Revenue v. Philadelphia Transp. Co.Court of Appeals for the Third Circuit · 1949
- Midkiff v. CommissionerUnited States Tax Court · 1991
- Michiko Noguchi v. Commissioner of Internal Revenue Service, Robert R. Midkiff and Evanita S. Midkiff v. Commissioner of Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1993
- Monon Railroad v. CommissionerUnited States Tax Court · 1970
- Commissioner v. Drovers Journal Pub. Co.Court of Appeals for the Seventh Circuit · 1943
7 more not listed; retrieve them via the Exa API.