Orange Roller Bearing Co. v. Commissioner
United States Tax Court
Held, petitioner is entitled to no relief under section 722(b)(4) because it has failed to establish a CABPNI that would provide a larger excess profits credit than that already allowed under section 714.
1Opinion of the Court
Orange Roller Bearing Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Orange Roller Bearing Co. v. Commissioner
Docket No. 32108
United States Tax Court
33 T.C. 1082; 1960 U.S. Tax Ct. LEXIS 181;
March 31, 1960, Filed
Decision will be entered for the respondent.
Held, petitioner is entitled to no relief under section 722(b)(4) because it has failed to establish a CABPNI that would provide a larger excess profits credit than that already allowed under section 714.
Harold D. Cohen, Esq., for the petitioner.
John K. Barry, Esq., for the respondent.
Arundell, Judge.
ARUNDELL
OPINION.
The…
2Cases cited3 opinions
- Farmers Creamery Co. v. CommissionerUnited States Tax Court · 1952
- Green Lumber Co. v. CommissionerUnited States Tax Court · 1959
- Orange Roller Bearing Co. v. CommissionerUnited States Tax Court · 1960