Legal Opinion
American Fletcher Corporation v. United States
Court of Appeals for the Seventh Circuit
Decided October 29, 1987No. 86-2999, 86-3000PublishedCited by 26 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
These appeals are from two judgments in favor of the United States in refund suits brought by plaintiff. In both cases, much smaller refunds were allowed than sought by plaintiff, thus causing it to appeal. The only question for us is whether the district judge correctly held that the Commissioner of Internal Revenue did not abuse his discretion under Section 446(b) of the Internal Revenue Code of 1954 by requiring taxpayer’s subsidiary, Shopper’s Charge Service, Inc. (SCS), to adopt the accrual method for income tax accounting. We affirm.
I
Section 446(b) provides that…
2Cases cited16 opinions
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Commissioner v. HansenSupreme Court of the United States · 1959
- American Automobile Assn. v. United StatesSupreme Court of the United States · 1961
- Commissioner v. Idaho Power Co.Supreme Court of the United States · 1974
11 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Prabel v. CommissionerUnited States Tax Court · 1988
- Ansley-Sheppard-Burgess Co. v. CommissionerUnited States Tax Court · 1995
- Bank One Corp. v. Comm'rUnited States Tax Court · 2003
- RLC Indus. Co. v. CommissionerUnited States Tax Court · 1992
- JPMorgan Chase & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2006
21 more not listed; retrieve them via the Exa API.