Legal Opinion
Long Corporation v. The United States
United States Court of Claims
Decided January 12, 1962No. 116-59PublishedCited by 11 opinions
1Opinion of the Court
JONES, Chief Judge.
Plaintiff, Long Corporation, is a South Carolina corporation which has opex-ated as a construction contractor since 1943. It files Federal income tax returns on the basis of a fiscal year ending March 31 and uses the accrual method of accounting, except that it uses the completed contract method of accounting with respect to long-term contracts. At all relevant times, plaintiff’s stock (except for qualifying shares) was owned by L. D. Long, plaintiff’s president.
In counts I and II of its petition, plaintiff sues to recover overpayments of income tax assessed for its 1952…
2Cases cited8 opinions
- Higgins v. SmithSupreme Court of the United States · 1940
- Libson Shops, Inc., v. Koehler, District Director of Internal RevenueSupreme Court of the United States · 1957
- George E. Warren Corporation v. United StatesUnited States Court of Claims · 1956
- Koppers Company v. United StatesUnited States Court of Claims · 1955
- V & M Homes, Inc. v. CommissionerUnited States Tax Court · 1957
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Associated Machine v. CommissionerUnited States Tax Court · 1967
- Clarksdale Rubber Co. v. CommissionerUnited States Tax Court · 1965
- Investors Diversified Services, Inc. v. CommissionerUnited States Tax Court · 1962
- Foremost Dairies, Inc. v. TomlinsonDistrict Court, M.D. Florida · 1963
- H. N. Miller v. The United StatesUnited States Court of Claims · 1964
6 more not listed; retrieve them via the Exa API.