Legal Opinion
United States Steel Corp. v. United States
United States Court of Claims
Decided June 5, 1956No. 215-55PublishedCited by 3 opinions
1Opinion of the CourtWhitaker, Judge
Plaintiff seeks to recover $264,942.19, which was the total of a Federal documentary stamp tax assessed against plaintiff under sections 1800 and 1802 (a) of the Internal Revenue Code of 1939, as amended, and the interest thereon.
The plaintiff is a corporation organized and existing under the laws of the State of New Jersey. From 1901 to 1931 plaintiff issued a total of 8,703,252 shares of common stock, having a par value of $100 per share, and thereby dedicated to capital the total amount of $870,325,200. This sum was carried on plaintiff’s books in an account denominated “Common Stock…
2Cases cited2 opinions
- Southern Pac. Co. v. BerlinerCourt of Appeals for the Ninth Circuit · 1949
- Crown Cork & Seal Co. v. United StatesUnited States Court of Claims · 1950
3Cited by3 opinions
- Allied Chemical & Dye Corp. v. McMahonDistrict Court, S.D. New York · 1957
- Kentile, Inc. v. United StatesDistrict Court, E.D. New York · 1957
- Northern Indiana Public Service Co. v. United StatesDistrict Court, N.D. Indiana · 1966