Russell Manufacturing Company v. United States
United States Court of Claims
1Opinion of the Court
JONES, Chief Judge.
This is a suit to recover an alleged overpayment in excess profits taxes for the taxpayer’s fiscal year ending November 30, 1945. The controversy centers on the tax consequences of a plan for additional profit-sharing compensation for plaintiff’s officers and key employees.
The primary question presented is whether plaintiff, an accrual basis taxpayer, is entitled to a deduction in its fiscal year 1945 for contributions made or accrued in that year to several profit-sharing trusts established for its officers and key employees. Or, in the alternative, is the taxpayer…
Also in this document: Dissent.
2Cases cited16 opinions
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
- Dixie Pine Products Co. v. CommissionerSupreme Court of the United States · 1944
- Stein v. CommissionerUnited States Tax Court · 1956
- Stern Bros. & Co. v. CommissionerUnited States Tax Court · 1951
- F. W. Drybrough v. Commissioner of Internal Revenue, L. N. Simpson v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
11 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Gamman v. CommissionerUnited States Tax Court · 1966
- The United States of America v. The Russell Manufacturing CompanyCourt of Appeals for the Second Circuit · 1965
- Liflans Corporation v. The United StatesUnited States Court of Claims · 1968
- Mississippi River Fuel Corporation v. The United StatesUnited States Court of Claims · 1963
- A. & N. Furniture & Appliance Company v. United StatesDistrict Court, S.D. Ohio · 1967
11 more not listed; retrieve them via the Exa API.