Legal Opinion
Denman Tire & Rubber Co. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided November 13, 1951No. 11277_1PublishedCited by 32 opinions
1Opinion of the Court
MILLER, Circuit Judge.
The petitioner, Denman Tire & Rubber Company, seeks a review of the ruling of the Tax Court which determined a deficiency in petitioner’s excess profits tax for the taxable year 1943 in the amount of $125,330.80. The controversy involves the legal effect on petitioner’s taxable income for the year 1941 of two transactions of petitioner in that year. If these transactions resulted in taxable gain to the petitioner, as claimed by the respondent, the petitioner’s loss for the year 1941 was thereby reduced with a resulting reduction in the carry-over loss used by petitioner…
2Cases cited11 opinions
- United States v. Kirby Lumber CoSupreme Court of the United States · 1931
- Commissioner v. JacobsonSupreme Court of the United States · 1949
- Haggar Co. v. Helvering, Com'r of Internal RevenueSupreme Court of the United States · 1940
- J. E. Riley Investment Co. v. CommissionerSupreme Court of the United States · 1940
- Helvering v. American Dental Co.Supreme Court of the United States · 1943
6 more not listed; retrieve them via the Exa API.
3Cited by32 opinions
- Taylor v. CommissionerUnited States Tax Court · 1977
- Dougherty v. CommissionerUnited States Tax Court · 1973
- Magill v. CommissionerUnited States Tax Court · 1978
- Hosking v. CommissionerUnited States Tax Court · 1974
- American Air Filter Co. v. CommissionerUnited States Tax Court · 1983
27 more not listed; retrieve them via the Exa API.