Legal Opinion
Bear Manufacturing Company v. United States
Court of Appeals for the Seventh Circuit
Decided August 25, 1970No. 18221PublishedCited by 33 opinions
1Opinion of the Court
MURRAH, Senior Circuit Judge.
In this appeal from the trial court’s adverse determination of Bear’s income tax refund claim, we must apply to unique facts the general rule that items deducted from gross income in one year are taxable income in the year of their recovery. Rothensies v. Electric Storage Battery Co., 329 U.S. 296, 67 S. Ct. 271, 91 L.Ed. 296 (1946); Alice Phelan Sullivan Corp. v. United States, 381 F.2d 399, 180 Ct.Cl. 659 (1967); Estate of William H. Block, 39 B.T.A. 338, aff’d sub nom. Union Trust Co. of Indianapolis v. Comm’r of Internal Revenue, 111 F.2d 60 (7th Cir. 1940). 2…
2Cases cited20 opinions
- Doyle v. Mitchell Brothers Co.Supreme Court of the United States · 1918
- Rothensies v. Electric Storage Battery Co.Supreme Court of the United States · 1946
- Schillinger v. United StatesSupreme Court of the United States · 1894
- Alice Phelan Sullivan Corporation, a California Corporation v. The United StatesUnited States Court of Claims · 1967
- Block v. CommissionerUnited States Board of Tax Appeals · 1939
15 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Hillsboro National Bank v. CommissionerSupreme Court of the United States · 1983
- Putoma Corp., Successor by Merger of Pro-Mac Company, Petitioners- Cross-Appellants v. Commissioner of Internal Revenue, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1979
- Mayfair Minerals, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1972
- Mayfair Minerals, Inc. v. CommissionerUnited States Tax Court · 1971
- Estate of Delman v. CommissionerUnited States Tax Court · 1979
28 more not listed; retrieve them via the Exa API.