Legal Opinion
Chatham Phenix Nat. Bank & Trust Co. v. Helvering
Court of Appeals for the D.C. Circuit
Decided November 30, 1936No. 6472PublishedCited by 11 opinions
1Opinion of the CourtVan Orsdel, J.
This case is here for review of a decision of the United States Board of Tax Appeals.
The petitioner, .a national bank (hereinafter referred to as the taxpayer), paid an income tax of $390,919.22 for the year 1930, after deducting the sum of $349,577.19 for bad debts. In 1932 the taxpayer filed an amended return for the year 1930, claiming a total deduction of $2,698,925.15 for bad debts, and filed a claim for refund of $282,-*548135.75, based upon the deduction of these additional bad debts. The Commissioner of Internal Revenue disallowed this claim, and on September 21, 1933, issued a…
2Cases cited11 opinions
- Bankers Pocahontas Coal Co. v. BurnetSupreme Court of the United States · 1932
- Commissioner of Internal Revenue v. Liberty Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1932
- Helvering v. Edison Securities CorporationCourt of Appeals for the Fourth Circuit · 1935
- Burnet v. Lexington Ice & Coal Co.Court of Appeals for the Fourth Circuit · 1933
- Helvering v. Continental Oil Co.Court of Appeals for the D.C. Circuit · 1933
6 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Haft Trust v. CommissionerUnited States Tax Court · 1974
- Legg's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1940
- Commissioner of Internal Revenue v. Erie Forge Co.Court of Appeals for the Third Circuit · 1948
- Heiner v. GwinnerCourt of Appeals for the Third Circuit · 1940
- Santa Monica Mountain Park Co. v. United StatesCourt of Appeals for the Ninth Circuit · 1938
6 more not listed; retrieve them via the Exa API.