Legal Opinion
Alaska Realty Co. v. Commissioner of Internal Rev.
Court of Appeals for the Sixth Circuit
Decided March 22, 1944No. 9646PublishedCited by 15 opinions
1Opinion of the Court
McALLISTER, Circuit Judge.
Petitioner, a taxpayer owning, and having all its capital invested in buildings and equipment, consisting of a department store, hotel, garage, and a warehouse, leased its properties for 99 years, with a provision that the lease was renewable forever. The lessee covenanted to keep the property in good repair and to replace all or any part thereof whenever necessary. Respondent, Commissioner of Internal Revenue, disallowed deductions from income taken by petitioner for depreciation, including obsolescence, for the years 1938-1940, inclusive, and assessed deficiencies,…
2Cases cited9 opinions
- Weiss v. WeinerSupreme Court of the United States · 1929
- Atlantic Coast Line R. Co. v. Commissioner of Int. Rev.Court of Appeals for the Fourth Circuit · 1936
- New York Cent. R. Co. v. Commissioner of Internal Rev.Court of Appeals for the Second Circuit · 1935
- Commissioner of Internal Rev. v. Terre Haute Elec. Co.Court of Appeals for the Seventh Circuit · 1933
- Dederick v. SmithSupreme Court of the United States · 1936
4 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Meyer Feldman v. Wilson B. Wood, Director of Internal Revenue for ArizonaCourt of Appeals for the Ninth Circuit · 1964
- World Publishing Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- Harry H. Kem, Jr., and Diane C. Kem, Charles E. Miller and Mary J. Miller v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1970
- North Carolina Midland Railway Co. v. United StatesUnited States Court of Claims · 1958
- Hibernia National Bank v. United StatesCourt of Appeals for the Fifth Circuit · 1984
10 more not listed; retrieve them via the Exa API.