Nat'l Elec. Welding Machs. Co. v. Stimson
United States Tax Court
1. Renegotiation Act amendment of July 1, 1943, expressly including contracts with Defense Plant Corporation, held to have retroactive force to date of original act rendering renegotiable petitioner's contracts with Defense Plant Corporation paid for after date of original act but prior to amendment. 2. Such retroactive provisions so applied to contracts paid for in full prior to the date of the amendment (but after date of original Renegotiation Act) held not…
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1. Renegotiation Act amendment of July 1, 1943, expressly including contracts with Defense Plant Corporation, held to have retroactive force to date of original act rendering renegotiable petitioner's contracts with Defense Plant Corporation paid for after date of original act but prior to amendment. 2. Such retroactive provisions so applied to contracts paid for in full prior to the date of the amendment (but after date of original Renegotiation Act) held not unconstitutional. Stein Brothers Manufacturing Co., 7 T. C. 863; Ring Construction Corporation, 8 T. C. 1070. 3. Petitioner's…
1Opinion of the Court
OPINION.
Opeer, Judge\
All of the questions involved in determining this controversy as to the excessive character of petitioner’s wartime profits under the Renegotiation Act are issues of law. Those we find it necessary to decide are three questions of statutory construction and a related issue dealing with the constitutionality of one of the applicable provisions.
A number of petitioner’s contracts were not made directly with a “Department,” as that was defined under the Renegotiation Act in its earliest form.1 They were made with the Defense Plant Corporation, a subsidiary of the…
2Cases cited6 opinions
- Lynch v. United StatesSupreme Court of the United States · 1934
- Helvering v. Stockholms Enskilda BankSupreme Court of the United States · 1934
- Great Northern Railway Co. v. United StatesSupreme Court of the United States · 1942
- Stein Bros. Mfg. Co. v. Secretary of WarUnited States Tax Court · 1946
- Ring Constr. Corp. v. Secretary of WarUnited States Tax Court · 1947
1 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- W. Tip Davis Co. v. PattersonUnited States Tax Court · 1949
- Armstrong v. War Contracts Price Adjustment BoardUnited States Tax Court · 1950
- Providence Wool Combing Co. v. Secretary of WarUnited States Tax Court · 1950
- Larrabee v. StimsonUnited States Tax Court · 1951
- Eastern Machinery Co. v. Under Secretary of WarUnited States Tax Court · 1949
14 more not listed; retrieve them via the Exa API.