Legal Opinion
Belt Ry. Co. of Chicago v. Commissioner
Court of Appeals for the D.C. Circuit
Decided December 2, 1929No. 4814PublishedCited by 9 opinions
1Opinion of the Court
VAN ORSDEL, Associate Justice.
This appeal is from a decision of the United States Board of Tax Appeals, affirming the finding of the Commissioner of Internal Revenue, denying appellant company the right to deduct depreciation charges for the years 1916 and 1917.
The petitioner, the Belt Railway Company of Chicago, is an Illinois corporation engaged in operating freight and passenger train terminal facilities in Chicago for the benefit of 12 railway companies entering that city. All of the capital stock of the Belt Company is owned in equal amounts by these 12 companies. For convenience, these…
2Cases cited2 opinions
- United States v. LudeySupreme Court of the United States · 1927
- Duffy v. Central R. Co. of NJSupreme Court of the United States · 1925
3Cited by9 opinions
- Atlantic Coast Line R. Co. v. Commissioner of Int. Rev.Court of Appeals for the Fourth Circuit · 1936
- New York Cent. R. Co. v. Commissioner of Internal Rev.Court of Appeals for the Second Circuit · 1935
- TUNNEL RR v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1932
- City Nat. Bank Bldg. Co. v. HelveringCourt of Appeals for the D.C. Circuit · 1938
- Cogar v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1930
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