General Communication Co. v. Commissioner
United States Tax Court
Held, petitioner's alleged liability to R.C.A. under a patent-licensing agreement was neither uncontested nor sufficiently fixed as of the end of the taxable year (Sept. 30, 1954) to justify accrual thereof.
1Opinion of the Court
General Communication Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
General Communication Co. v. Commissioner
Docket No. 67528
United States Tax Court
33 T.C. 640; 1960 U.S. Tax Ct. LEXIS 233;
January 8, 1960, Filed
Decision will be entered for the respondent.
Held, petitioner's alleged liability to R.C.A. under a patent-licensing agreement was neither uncontested nor sufficiently fixed as of the end of the taxable year (Sept. 30, 1954) to justify accrual thereof.
Bertram H. Loewenberg, Esq., and Robert S. Jones, Esq., for the petitioner.
Chester M. Howe, Esq., for the…
2Cases cited7 opinions
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Dixie Pine Products Co. v. CommissionerSupreme Court of the United States · 1944
- Scott Paper Co. v. Marcalus Manufacturing Co.Supreme Court of the United States · 1945
- Producers' Fuel Co. v. CommissionerUnited States Board of Tax Appeals · 1924
- Bump Confectionery Co. v. CommissionerUnited States Board of Tax Appeals · 1926
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