Legal Opinion
Helvering v. State-Planters Bank & Trust Co.
Court of Appeals for the Fourth Circuit
Decided August 18, 1942No. 4927PublishedCited by 17 opinions
1Opinion of the Court
PARKER, Circuit Judge.
This is a petition by the Commissioner of Internal Revenue to review a decision of the Board of Tax Appeals. The taxpayer is a commercial bank of Richmond, Virginia. During the years 1931-1938, it charged off as worthless and deducted from its income tax returns certain debts which it subsequently collected in the year 1939. The Commissioner determined deficiencies in the income and excess profits taxes of taxpayer for the year 1939 based upon its collection of these debts, and taxpayer appealed to the Board of Tax Appeals. The Board sustained the Commissioner as to the…
2Cases cited12 opinions
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- United States v. LudeySupreme Court of the United States · 1927
- J. E. Riley Investment Co. v. CommissionerSupreme Court of the United States · 1940
- Commissioner of Internal Revenue v. Liberty Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1932
- National Bank of Commerce v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1940
7 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Virginian Hotel Corporation v. Helvering, Commissioner of Internal RevenueSupreme Court of the United States · 1943
- Harwick v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1943
- Helvering v. Virginian Hotel CorporationCourt of Appeals for the Fourth Circuit · 1943
- Douglas v. CommissionerCourt of Appeals for the Eighth Circuit · 1943
12 more not listed; retrieve them via the Exa API.