Legal Opinion
World Publishing Company v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided February 21, 1962No. 16734PublishedCited by 23 opinions
1Opinion of the Court
BLACKMUN, Circuit Judge.
This is a petition for review of a decision of the Tax Court approving the Commissioner’s determination of deficiencies 1 in the taxpayer’s income taxes for the respective calendar years 1952, 1953 and 1954. 2 35 T.C. 7. The taxpayer, World Publishing Company, is a Nebraska corporation on the accrual basis. Its taxable year is the calendar year. It is engaged primarily in the newspaper business and it publishes the Omaha World Herald.
The issue before us concerns the taxpayer’s right to a deduction for depreciation of a portion of the price it paid when it purchased…
2Cases cited31 opinions
- Detroit Edison Co. v. CommissionerSupreme Court of the United States · 1943
- Duffy v. Central R. Co. of NJSupreme Court of the United States · 1925
- Commissioner of Internal Revenue v. Moore. Moore v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1953
- Frost v. SchinkelNebraska Supreme Court · 1931
- Rowan v. CommissionerUnited States Tax Court · 1954
26 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Bolger v. CommissionerUnited States Tax Court · 1973
- Richmond Television Corporation v. United StatesCourt of Appeals for the Fourth Circuit · 1965
- Glenn L. Bolling and Ila L. Bolling, Mae L. Hausmann, Fairhills Company, B & H Homes, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1966
- Geneva Drive in Theatre, Inc. Las Vegas Theatrical Corp. Concord Theatre Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1980
18 more not listed; retrieve them via the Exa API.