Legal Opinion
Transylvania R. Co. v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided October 4, 1938No. 4325PublishedCited by 4 opinions
1Opinion of the Court
NORTHCOTT, Circuit Judge.
This is a petition tó review a decision of the United States Board of Tax Appeals involving income taxes of the Transylvania Railroad Company, a North Carolina Corporation, here referred to as the petitioner, for the year 1932, in the amount of $1,-950.72. The opinion of the Board is reported in 36 B.T.A. 333.
The petitioner is the owner of a railroad approximately forty-two miles in length, running from Hendersonville, North Carolina, to Lake Toxaway, North Carolina.
On January 1, 1906, the petitioner leased its railroad, rights of way, buildings, franchises,…
2Cases cited5 opinions
- United States v. Kirby Lumber CoSupreme Court of the United States · 1931
- Bowers v. Kerbaugh-Empire Co.Supreme Court of the United States · 1926
- Commissioner of Internal Revenue v. Simmons Gin Co.Court of Appeals for the Tenth Circuit · 1930
- Garland Coal & Mining Co. v. HelveringCourt of Appeals for the D.C. Circuit · 1935
- Transylvania R. Co. v. CommissionerUnited States Board of Tax Appeals · 1937
3Cited by4 opinions
- Estate of Delman v. CommissionerUnited States Tax Court · 1979
- Eleanor A. Bradford v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
- United States v. G. E. Hall and Christine B. Hall, G. E. Hall and Christine B. Hall, Cross-Appellants v. United States of America, Cross-AppelleeCourt of Appeals for the Tenth Circuit · 1962
- Estate of Delman v. CommissionerUnited States Tax Court · 1979