NATIONAL STEEL CORPORATION v. UNITED STATES

No. 344-67.

409 F.2d 571 (1969)

NATIONAL STEEL CORPORATION v. The UNITED STATES.

United States Court of Claims.

April 11, 1969.


Attorney(s) appearing for the Case

William T. Hannan, Washington, D. C., attorney of record, for plaintiff. Hannan, Castiello & Berlow and John E. Laughlin, Jr., Pittsburgh, Pa., of counsel.

Norman J. Hoffman, Jr., Washington, D. C., with whom was Asst. Atty. Gen., Johnnie M. Walters, for defendant. Philip R. Miller and Joseph Kovner, Washington, D. C., of counsel.

Before COWEN, Chief Judge, and LARAMORE, DURFEE, DAVIS, COLLINS, SKELTON, and NICHOLS, Judges.


SKELTON, Judge.

This action was brought to recover $130,592.02 in interest on excess profits tax overpayments which were caused by a determination favorable to taxpayer under Section 722 of the Internal Revenue Code of 1939, as amended (26 U.S.C. § 722 (1952), 56 Stat. 914).1

National Steel Corporation reported and paid income and excess profits taxes for 1942, 1943, and 1945, as...

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