Legal Opinion
Muskegon Motor Specialties Co. v. Commissioner of Int. Rev.
Court of Appeals for the Sixth Circuit
Decided April 13, 1943No. 9199PublishedCited by 9 opinions
1Opinion of the Court
HICKS, Circuit Judge.
The petitioner, Muskegon Motor Specialties Company, seeks a review of a decision of the Board of Tax Appeals redetermining deficiencies in its income and excess profits taxes for 1934 in the respective amounts of $5,596.51 and $2,035.10.
Decision turns upon determination of the basis for computing depreciation of petitioner’s assets. If the basis was cost at the time of their acquisition, petitioner should prevail; but if the net unrecovered . cost to the two companies from which the assets were acquired, the Board’s decision must stand.
In 1928 there existed in Michigan…
2Cases cited9 opinions
- LeTulle v. ScofieldSupreme Court of the United States · 1940
- Helvering v. Minnesota Tea Co.Supreme Court of the United States · 1935
- Bondholders Committee v. CommissionerSupreme Court of the United States · 1942
- Mascot Stove Co. v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1941
- Miller v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1936
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Survaunt v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1947
- Southwest Natural Gas Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1951
- Ticket Office Equipment Co. v. CommissionerUnited States Tax Court · 1953
- Adamston Flat Glass Co. v. CommissionerCourt of Appeals for the Fourth Circuit · 1947
- Prosperity Co. v. CommissionerUnited States Tax Court · 1951
4 more not listed; retrieve them via the Exa API.