1. Home
  2. Browse Decisions
  3. U.S.
  4. 318 U.S.
  5. 318 U.S. 306 (1943)
 

HELVERING v. SABINE TRANS. CO.

No. 518.

318 U.S. 306 (1943)

HELVERING, COMMISSIONER OF INTERNAL REVENUE, v. SABINE TRANSPORTATION CO., INC.

Supreme Court of United States.

Decided March 1, 1943.

Attorney(s) appearing for the Case

Mr. Arnold Raum, with whom Solicitor General Fahy, Assistant Attorney General Clark, and Messrs. Sewall Key, J. Louis Monarch, Arthur A. Armstrong, and Valentine Brookes were on the brief, for petitioner.

Mr. Chas. I. Francis for respondent.

MR. JUSTICE ROBERTS delivered the opinion of the Court.

In this case the Circuit Court of Appeals held the respondent entitled to include in its dividends paid credit, pursuant to § 271 of the Revenue Act of 1938, the amount paid to redeem notes given for dividends in a prior year.2 The Circuit Court of Appeals of the Ninth Circuit had held to the contrary.3 To resolve the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases