Legal Opinion
Wisconsin Electric Power Co. v. Department of Taxation
Wisconsin Supreme Court
Decided September 8, 1947PublishedCited by 6 opinions
1Opinion of the CourtRector, J.
The various items in dispute will be discussed in the order in which the circuit court findings are set forth.
1. The unamortized cost of grading and ballast.
The question involves the application of sec. 71.03 (3), Stats., which says:
“71.03 Deductions from gross income of corporations. Every corporation . . . shall be allowed to make from its gross income the following deductions : . . .
“(3) Losses actually sustained within the year and not compensated by insurance or otherwise. . . .”
The respondent contends on its motioo to review that the ballast and grading have lost their original value…
2Cases cited10 opinions
- Helvering v. Metropolitan Edison Co.Supreme Court of the United States · 1939
- United States Cartridge Co. v. United StatesSupreme Court of the United States · 1932
- Rochester Railway Co. v. City of RochesterSupreme Court of the United States · 1907
- V. Loewers Gambrinus Brewery Co. v. AndersonSupreme Court of the United States · 1931
- United States v. Seattle-First National BankSupreme Court of the United States · 1944
5 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Dodier Realty & Investment Co. v. St. Louis National Baseball Club, Inc.Supreme Court of Missouri · 1951
- Jeannette Lenkin v. District of Columbia, Morris Pollin v. District of ColumbiaCourt of Appeals for the D.C. Circuit · 1972
- Fall River Canning Co. v. Department of TaxationWisconsin Supreme Court · 1958
- National Dairy Products Corporation v. CarpenterSupreme Court of Missouri · 1959
- Wisconsin Department of Revenue v. United States Shoe Corp.Court of Appeals of Wisconsin · 1990
1 more not listed; retrieve them via the Exa API.