North American Oil Consolidated v. Burnet

Supreme Court of the United States · Decided 1932-05-23

Cited by 905 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

*420 Mr. Justice Brandéis delivered the opinion of the Court. The question for decision is whether the sum of $171,-979.22 received by the North American Oil Consolidated in 1917, was taxable to it as income of that year. The money was paid to the company und…

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