1. Home
  2. Browse Decisions
  3. F.2d
  4. 165 F.2d
  5. 165 F.2d 542 (1947)
 

CONSOLIDATED GOLDACRES CO. v. COMMISSIONER OF INT. REV.

No. 3511.

165 F.2d 542 (1947)

CONSOLIDATED GOLDACRES CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Tenth Circuit.

Rehearing Denied January 14, 1948.

Attorney(s) appearing for the Case

Frazer Arnold, of Denver, Colo. (Arnold Weinberger, of Denver Colo., on the brief), for petitioner.

Hilbert P. Zarkey, of Washington, D. C. (Sewall Key, Acting Asst. Atty. Gen., Robert N. Anderson and Irving I. Axelrod, Sp. Assts. on the brief), for respondent.

Before BRATTON, HUXMAN, and MURRAH, Circuit Judges.

MURRAH, Circuit Judge.

By the Second Revenue Act of 1940, § 201, Sec. 710 et seq. Internal Revenue Code, 26 U.S.C.A.Int.Rev.Code, § 710 et seq., Congress imposed a graduated tax upon excess corporate profits as therein defined. Section 712 provided for an excess profits credit against such income, to be computed under Sections 713 or 714. The credit computed under Section 714 was based on average invested capital, including borrowed invested capital defined...

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