Legal Opinion
Portland Oil Co. v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided February 8, 1940No. 3444PublishedCited by 62 opinions
1Opinion of the Court
MAGRUDER, Circuit Judge.
Portland Oil Company, a Maine corporation, petitions for review of a decision of the Board of Tax Appeals (38 B.T.A. 757) redetermining a deficiency in petitioner’s income tax for the calendar year 1931 in the amount of $114,804.32. This decision by the Board affirmed the Commissioner’s determination, except as to a penalty for fraud, which was disallowed, respondent having abandoned the claim for such a penalty. By stipulation, the correctness of the computation is conceded, provided there is any liability at all. Petitioner was transferee of a certain installment…
2Cases cited24 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Pacific National Co. v. WelchSupreme Court of the United States · 1938
- Helvering v. SalvageSupreme Court of the United States · 1936
- Helvering v. BashfordSupreme Court of the United States · 1938
- West Texas Refining & D. Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1933
19 more not listed; retrieve them via the Exa API.
3Cited by62 opinions
- Foster v. Comm'rUnited States Tax Court · 1983
- Helvering v. Cement Investors, Inc.Supreme Court of the United States · 1942
- Ross v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1948
- Lewis v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1949
- June Pinson Carlton and Charles T. Carlton, as Administrators of the Estate of Thad H. Carlton, and June Carlton v. United StatesCourt of Appeals for the Fifth Circuit · 1967
57 more not listed; retrieve them via the Exa API.