Legal Opinion
Mississippi River Fuel Corporation v. The United States
United States Court of Claims
Decided April 5, 1963No. 180-60PublishedCited by 26 opinions
1Opinion of the Court
JONES, Chief Judge.
The plaintiff seeks as a business deduction from its gross income of 1953 amounts which it had contributed by transfer to an employees savings trust fund. These sums had been added over a 3-year period as a matching fund to a like amount voluntarily contributed by participating employees. The total accumulated funds were distributed and paid to the employees in the year 1953 on a percentage basis in proportion to their respective contributions. The sums had been contributed to the trust fund during the previous three years. No part of the funds were to be returned to the…
2Cases cited11 opinions
- Patterson v. United StatesSupreme Court of the United States · 1959
- Tavannes Watch Co. v. Commissioner of Internal Rev.Court of Appeals for the Second Circuit · 1949
- McClintock-Trunkey Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1954
- Lincoln Electric Co. Employees' Profit-Sharing Trust v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1951
- Commissioner of Internal Revenue v. Product Reporter CoCourt of Appeals for the Seventh Circuit · 1953
6 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Chappell & Co., Inc., T. B. Harms Company, Williamson Music, Inc., Frank Loesser and Frank Music Corp. v. J. Jay FrankelCourt of Appeals for the Second Circuit · 1966
- Alice Phelan Sullivan Corporation, a California Corporation v. The United StatesUnited States Court of Claims · 1967
- Benjamin v. CommissionerUnited States Tax Court · 1976
- Missouri Pacific Railroad Company v. The United StatesUnited States Court of Claims · 1964
- The United States of America v. The Russell Manufacturing CompanyCourt of Appeals for the Second Circuit · 1965
21 more not listed; retrieve them via the Exa API.