Chartier Real Estate Company, Inc. v. Commissioner of Internal Revenue, (Three Cases)
Cases that cite this one
19 later published cases cite this decision.
- Mutual Assurance Society of Virginia Corporation v. Commissioner of Internal Revenue (4th Cir. 1974)
- United States v. Foster Lumber Co. (Supreme Court of the United States 1976)
- Pesch v. Commissioner (United States Tax Court 1982)
- United California Bank v. United States (Supreme Court of the United States 1978)
- Lone Manor Farms, Inc. v. Commissioner (United States Tax Court 1974)
- Georgia International Life Ins. Co. v. Commissioner (United States Tax Court 1983)
- Stevenson Co-Ply, Inc. v. Commissioner (United States Tax Court 1981)
- Continental Equities, Inc., Cross-Appellant v. Commissioner of Internal Revenue, Cross-Appellee (5th Cir. 1977)
- Sidney Axelrod and Andrea Axelrod v. Commissioner of Internal Revenue (6th Cir. 1975)
- Bridges v. Commissioner (United States Tax Court 1975)
- Pope & Talbot, Inc. v. Commissioner (United States Tax Court 1973)
- Axelrod v. Commissioner (United States Tax Court 1973)
- In the Matter of Mobile Steel Company, Debtor. Elaine E. Benjamin v. Lester Y. Diamond, as Trustee in Bankruptcy for Mobile Steel, Inc. (5th Cir. 1977)
- In the Matter of Avien, Inc., Debtor. The City of New York v. Avien, Inc. (2d Cir. 1976)
- Olympic Foundry Company, a Washington Corporation v. United States (9th Cir. 1974)
- Foster Lumber Company, Inc. v. United States (8th Cir. 1974)
- Naegele v. United States (D. Minn. 1973)
- Mutual Assurance Soc. of Virginia Corp. v. Commissioner (United States Tax Court 1973)
- Drew v. Commissioner (United States Tax Court 1972)
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
The decisions of the Tax Court are affirmed, essentially on its opinion. 52 T.C. 346 (1969). So far as the year 1962 is concerned the result of what seems the prima facie meaning of the statute does not even appear unreasonable. It does not seem inappropriate to place a floor at the alternate tax, leaving unused losses to their carryover utility, if any. Correspondingly, as to 1965, we do not fault the Tax Court’s conclusion that in section 172(b) (2), “ ‘taxable income’ means that taxable income to which the loss is actually applied in computing actual tax liability.” No useful purpose would be served by further elaboration on these unimportant and seldom occurring questions.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.