Appeal of the Danville Press, Inc.
Cases that cite this one
14 later published cases cite this decision.
- Credit Bureau of Erie, Inc. v. Commissioner (United States Tax Court 1970)
- Thoms v. Commissioner (United States Tax Court 1968)
- Rudie v. Commissioner (United States Tax Court 1967)
- Commercial Credit Industrial Corp. v. Commissioner (United States Tax Court 1966)
- Anchor Cleaning Service, Inc. v. Commissioner (United States Tax Court 1954)
- Holden Fuel Oil Co. v. Commissioner (United States Tax Court 1972)
- Morris v. Commissioner (United States Tax Court 1968)
- Golden State Towel and Linen Service, Ltd. (1) and Oakland California Towel Company (2) v. The United States (Court of Claims 1967)
- Seaboard Finance Co. v. Commissioner (United States Tax Court 1964)
- Thrifiticheck Service Corporation v. Commissioner of Internal Revenue (2d Cir. 1961)
- Metropolitan Laundry Co. v. United States (United States District Court for the Northern District of California 1951)
- National Weeklies v. Com'r of Internal Revenue (8th Cir. 1943)
- National Weeklies, Inc. v. Reynolds (D. Minn. 1942)
- Danville Press, Inc. v. Commissioner (United States Board of Tax Appeals 1925)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
OPINION.
The taxpajwr claims the right to deduct in 1920 depreciation in the sum of $30,000, representing ten-twelfths of $36,000 paid by it for 9,000 subscriptions obtained upon and as a part of the purchase by it of all the assets of a corporation publishing a daily newspaper. The taxpayer urges that, as all of these subscriptions expired within a period of 12 months, it is entitled to write off within that period the total amount paid for such subscriptions. This necessarily involves the proposition that at the end of such period the subscription list purchased by it had no value. We can not agree that this is so, nor can we agree that what the taxpayer purchased was 9,000 contracts expiring within 12 months. It purchased an asset which was a subscription list subject to fluctuations from time to time.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.