Legal Opinion
Davies' Estate v. Commissioner
Court of Appeals for the Sixth Circuit
Decided March 5, 1942No. 8917PublishedCited by 11 opinions
1Opinion of the Court
MARTIN, Circuit Judge.
The Board of Tax Appeals upheld a deficiency assessment by the Commissioner of Internal Revenue, in the amount of $74,824.14, in the 1935 income tax liability of David Davies, now deceased. The executors of the estate of the taxpayer have petitioned this court for review.
The deceased taxpayer, a meat packer, kept his books upon an accrual basis. In computing his profit for the calendar year 1935, he claimed as a deduction processing taxes on hogs in the amount of $142,734.-52.
The Agricultural Adjustment Act of May 12, 1933, Chapter 25, 48 Stat. 31, 7 U.S.C.A. § 601 et…
2Cases cited10 opinions
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- United States v. AndersonSupreme Court of the United States · 1926
- United States v. ButlerSupreme Court of the United States · 1936
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Rickert Rice Mills, Inc. v. FontenotSupreme Court of the United States · 1936
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Dixie Pine Products Co. v. CommissionerSupreme Court of the United States · 1944
- Athens Roller Mills v. Com'r of Internal RevenueCourt of Appeals for the Sixth Circuit · 1943
- Helvering v. Cannon Valley Milling Co.Court of Appeals for the Eighth Circuit · 1942
- Cooperstown Corp. v. Commissioner of Internal Rev.Court of Appeals for the Third Circuit · 1944
- Baltimore & Ohio R. Co. v. MagruderCourt of Appeals for the Fourth Circuit · 1949
6 more not listed; retrieve them via the Exa API.