1. Home
  2. Browse Decisions
  3. F.2d
  4. 242 F.2d
  5. 242 F.2d 396 (1957)
 

COASTAL OIL STORAGE COMPANY v. COMMISSIONER OF INTERNAL REVENUE

No. 7351.

242 F.2d 396 (1957)

COASTAL OIL STORAGE COMPANY, Petitioner and Cross-Respondent, v. COMMISSIONER OF INTERNAL REVENUE, Respondent and Cross-Petitioner.

United States Court of Appeals Fourth Circuit.

Decided March 11, 1957.

Attorney(s) appearing for the Case

Jack White, Charleston, S. C., for petitioner and cross-respondent.

Earl E. Pollock, Asst. to Solicitor General (Charles K. Rice, Asst. Atty. Gen., Lee A. Jackson, Robert N. Anderson and Joseph F. Goetten, Attys., Dept. of Justice, Washington, D. C., on brief), for respondent and cross-petitioner.

Before PARKER, Chief Judge, SOBELOFF, Circuit Judge, and GILLIAM, District Judge.

PARKER, Chief Judge.

These are cross appeals from the decision of the Tax Court of the United States reported in 25 T.C. 1304. The questions involved relate to the right of a corporate taxpayer to the $25,000 corporate surtax exemption and minimum excess profits credit, granted respectively by section 15(b) and section 431 of the Internal Revenue Code of 1939, 26 U.S. C.A. § 15(b), 26 U.S.C.A. Excess Profits Taxes, § 431....

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