Legal Opinion
Davis, Collector of Internal Revenue v. Bankhead Hotel, Inc
Court of Appeals for the Fifth Circuit
Decided May 14, 1954No. 14806_1PublishedCited by 8 opinions
1Opinion of the Court
HOLMES, Circuit Judge.
This action was brought by the ap-pellee against the appellant to recover additional excess profits taxes for the calendar years 1943 and 1944. The opinion of the district court is reported, in 112 F.Supp. 180. The case was submitted to the court upon a stipulation of the material facts, supplemented by an affidavit of L. B. Stevens, which by agreement was accepted as a correct statement of additional facts. The question presented is whether the taxpayer’s basis for depreciation of its hotel properties, acquired by it in 1935, should be determined by reference to the…
2Cases cited11 opinions
- Northern Pacific Railway Co. v. BoydSupreme Court of the United States · 1913
- Helvering v. Alabama Asphaltic Limestone Co.Supreme Court of the United States · 1942
- Helvering v. Southwest Consolidated Corp.Supreme Court of the United States · 1942
- Palm Springs Holding Corp. v. CommissionerSupreme Court of the United States · 1942
- Bondholders Committee v. CommissionerSupreme Court of the United States · 1942
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Parker v. Motors Liquidation Co. (In Re Motors Liquidation Co.)District Court, S.D. New York · 2010
- Avco Mfg. Corp. v. CommissionerUnited States Tax Court · 1956
- Western Massachusetts Theatres, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1956
- Western Massachusetts Theatres, Inc. v. CommissionerUnited States Tax Court · 1955
- Avco Mfg. Corp. v. CommissionerUnited States Tax Court · 1956
3 more not listed; retrieve them via the Exa API.