Legal Opinion
Clark Oil and Refining Corporation v. United States
Court of Appeals for the Seventh Circuit
Decided February 8, 1973No. 71-1587PublishedCited by 37 opinions
1Opinion of the Court
CAMPBELL, Senior District Judge.
This is an action for refund of $185,-431.21 of federal income taxes paid by the plaintiff after the Commissioner of Internal Revenue disallowed $297,500.00 in deductions, as ordinary and necessary business expenses, taken by the plaintiff on its 1959 and 1960 federal income tax returns. The deductions represent all but $25,000.00 of the sum of $322,500.00 paid by Clark to a Mr. and Mrs. William C. Richards in settlement of a nuisance action brought by the Richards in state court and founded upon Clark’s extralegal usurpation of certain property owned by the…
2Cases cited8 opinions
- United States v. GilmoreSupreme Court of the United States · 1963
- Woodward v. CommissionerSupreme Court of the United States · 1970
- United States v. Hilton Hotels Corp.Supreme Court of the United States · 1970
- Anchor Coupling Company, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1970
- United States v. Victor H. And Elsie Akin, Fred C. And Alice M. Kluver, E.F. And Gladys MunroeCourt of Appeals for the Tenth Circuit · 1957
3 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- A.E. Staley Manufacturing Company and Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1997
- U.S. Freightways Corp., F.K.A. Tnt Freightways Corp., and Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2001
- Wellpoint, Inc. v. CommissionerCourt of Appeals for the Seventh Circuit · 2010
- Norman J. Fischer and Mary P. Fischer v. United StatesCourt of Appeals for the Seventh Circuit · 1973
- American Stores Co. v. CommissionerUnited States Tax Court · 2000
32 more not listed; retrieve them via the Exa API.