Legal Opinion
Milwaukee & Suburban Transport Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided October 24, 1960No. 13025PublishedCited by 23 opinions
1Opinion of the Court
GRUBB, District Judge.
This is a petition for review of a decision by the tax court disallowing certain deductions by the petitioner in the years 1953 and 1954. There are two issues, one involving the preferred stock of the petitioner and the other involving its accounting method.
Preferred Stock Issue
Petitioner is a corporation organized on October 7, 1952, under the laws of the State of Wisconsin. It filed its returns for the taxable years 1953 and 1954 with the Director of Internal Revenue for the District of Wisconsin. It kept its books of account and filed its Federal income tax returns in…
2Cases cited13 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Brown v. HelveringSupreme Court of the United States · 1934
- Security Flour Mills Co. v. CommissionerSupreme Court of the United States · 1944
- John Kelley Co. v. CommissionerSupreme Court of the United States · 1946
8 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Miele v. CommissionerUnited States Tax Court · 1971
- Thriftimart, Inc. v. CommissionerUnited States Tax Court · 1973
- Denver & R. G. W. R. Co. v. CommissionerUnited States Tax Court · 1962
- Sherwood Memorial Gardens, Inc., (Tennessee) v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1965
- Crescent Wharf & Warehouse Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
18 more not listed; retrieve them via the Exa API.