Legal Opinion
Lykes Bros. Steamship v. United States
United States Court of Claims
Decided March 19, 1975No. 375-69PublishedCited by 50 opinions
1Opinion of the CourtCowen, Chief Judge
This case concerns the application of the investment tax credit provisions of the Internal Revenue Code of 1954, 26 U.S.C. § 38, 46-48, and the applicable regulations.1 Plaintiff, Lykes Brothers Steamship Company, is a Louisiana corporation engaged in foreign commerce as a common carrier. It is the successor in interest to a prior corporation of the same name which operated the steamship business in 1962 (both corporations are referred to herein as plaintiff or taxpayer).
Plaintiff originally filed suit to recover an alleged overpayment of its Federal income tax for tax years 1958 through…
2Cases cited19 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Manhattan General Equipment Co. v. Commissioner of Internal RevenueSupreme Court of the United States · 1936
- Fawcus MacHine Co. v. United StatesSupreme Court of the United States · 1931
- Hanover Bank v. CommissionerSupreme Court of the United States · 1962
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3Cited by50 opinions
- Brookfield Construction Co. v. United StatesUnited States Court of Claims · 1981
- Ellis v. United StatesUnited States Court of Claims · 1979
- Illinois Power Company v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1986
- Laurence M. And Phyllis W. Carlson v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Kansas City S. R. Co. v. CommissionerUnited States Tax Court · 1981
45 more not listed; retrieve them via the Exa API.