Legal Opinion
Louisville Gas & Electric Co. v. United States
United States Court of Claims
Decided January 20, 1960No. 65-59PublishedCited by 5 opinions
1Opinion of the Court
Littleton, Judge (Bet.),
delivered the opinion of the court:
Plaintiff, a corporation organized and existing under the laws of the Commonwealth of Kentucky, and engaged in the business of selling electric energy and gas at rates established or approved by the Public Service Commission of Kentucky or by the Federal Power Commission, sues for a refund of excess profits taxes and interest thereon paid for the years 1951, 1952 and 1953. The aggregate amount involved is $88,017.28.
The issue is whether in computing its excess profits tax credits under section 448 of the Internal Revenue Code of 1939,…
2Cases cited4 opinions
- Helvering v. ReynoldsSupreme Court of the United States · 1941
- Helvering v. Credit Alliance Corp.Supreme Court of the United States · 1942
- Philadelphia Electric Co. v. United StatesUnited States Court of Claims · 1954
- Russell Manufacturing Co. v. United StatesSupreme Court of the United States · 1959
3Cited by5 opinions
- Caterpillar Tractor Co. v. United StatesUnited States Court of Claims · 1978
- Gamman v. CommissionerUnited States Tax Court · 1966
- Amory Cotton Oil Company, Plaintiff-Appellee-Cross-Appellant v. United States of America, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1972
- Amory Cotton Oil Co. v. United StatesDistrict Court, N.D. Mississippi · 1970
- Gamman v. CommissionerUnited States Tax Court · 1966