United States Gypsum Company v. United States

FINDINGS OF FACT, CONCLUSIONS OF LAW, MEMORANDUM AND ORDER

CAMPBELL, Chief Judge.

This is a consolidated action and involves three suits brought by the United States Gypsum Company (“USG”) and its wholly owned subsidiary, the United States Gypsum Export Company (“Export”) for refunds for federal income taxes paid by plaintiffs. The cases involve the tax liability of USG for the years 1954 and 1955 and again for 1957 and 1958, and the taxes of Export for the years 1957 and 1958. The defendant, (“government”) not only denied all grounds for refund, but also claimed certain offsets as affirmative…