EASTMAN KODAK CO. v. UNITED STATES

No. 45502.

48 F.Supp. 357 (1943)

EASTMAN KODAK CO. v. UNITED STATES.

Court of Claims.

February 1, 1943.


Attorney(s) appearing for the Case

James S. Y. Ivins, of Washington, D. C. (Richard B. Barker and Ivins, Phillips, Graves & Barker, all of Washington, D. C., on the brief), for plaintiff.

Elizabeth B. Davis, of Washington, D. C., and Samuel O. Clark, Jr., Asst. Atty. Gen. (Robert N. Anderson and Fred K. Dyar, both of Washington, D. C., on the brief), for defendant.

Before WHALEY, Chief Justice, and LITTLETON, WHITAKER, JONES, and MADDEN, Judges.


WHITAKER, Judge.

This case involves the question of the credit to which a taxpayer is entitled for foreign taxes paid by its foreign subsidiary.

Until 1931 a taxpayer had been permitted to take credit for foreign taxes paid computed according to the formula insisted upon by plaintiff, but in that year the Commissioner changed the formula to that applied in this case. The same question was presented in American Chicle Company v. United States, 94 Ct.Cl. 699...

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