1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 323 F.Supp.
  5. 323 F.Supp. 409 (1970)
 

HARSH INVESTMENT CORP. v. UNITED STATES

Civ. No. 69-154.

323 F.Supp. 409 (1970)

HARSH INVESTMENT CORP., an Oregon corporation, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court, D. Oregon.

September 28, 1970.

Attorney(s) appearing for the Case

Denton G. Burdick, Jr., Hutchinson, Schwab & Burdick, Portland Or., for plaintiff.

Sidney I. Lezak, U. S. Atty., Portland Or., John M. Kirk, Tax Div., Dept. of Justice, Washington, D. C., for defendant.

OPINION

ALFRED T. GOODWIN, District Judge:

Plaintiff paid $77,256.72 of its 1961 and 1962 income tax under protest, and sues for a refund.

At issue is the taxpayer's right to defer recognition of a gain, under Section 1033 of the Internal Revenue Code of 1954.

Plaintiff, an Oregon corporation, operates in California through a wholly owned subsidiary, Harsh California Corporation. In 1953 Harsh California obtained a $2,474,600 loan, insured...

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