Legal Opinion
Ewing Thomas Converting Co. v. McCaughn
Court of Appeals for the Third Circuit
Decided September 11, 1930No. 4154PublishedCited by 21 opinions
1Opinion of the Court
DAVIS, Circuit Judge.
The question raised in thi's case is whether or not the taxpayer is entitled to take a loss in his return for the year 1919, the year in which, it is alleged, the loss actually occurred, and in which the liability was susceptible of being fixed with reasonable certainty, or must he take the loss for the year 1920 when the contract was actually completed?
The Ewing Thomas Converting Company, appellant, during the years 1918 and 1919, was engaged in the business of mercerizing and winding cotton yam in Chester, Pa. Between September 1918 and May 29, 1919, it entered into a…
2Cases cited6 opinions
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Weiss v. WeinerSupreme Court of the United States · 1929
- Lewellyn v. Electric Reduction Co.Supreme Court of the United States · 1927
- New York Life Insurance v. EdwardsSupreme Court of the United States · 1926
1 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- American Air Filter Co. v. CommissionerUnited States Tax Court · 1983
- Rockwell International Corp. v. CommissionerUnited States Tax Court · 1981
- Loewi & Co. v. CommissionerUnited States Tax Court · 1954
- Space Controls, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1963
- Rassieur v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1942
16 more not listed; retrieve them via the Exa API.