Webb3 Cf. Stanton v. Baltic Mining Co., 240 U. S. I03 (igI6) (taxpayer unsuccess-ful in attacking allowance of arbitrary 5% of mine's annual output as totally in- ... Graton, Percentage Depletion of Mines, i6 MINING CONG. J. 223, 295 (I930). The opponents reply that tomorrow's consumers should pay the price of tomorrow's min- Webb€€€€€€As in Brushaber v. Union P. R. Co., ante, p. 1, this case was commenced by the appellant as a stockholder of the Baltic Mining Company, the appellee, to enjoin the voluntary payment by the corporation and its officers of the tax
STANTON v. BALTIC MINING CO 240 U.S. 103 U.S. Judgment
WebbBiwabik Mining Co., 247 U.S. 116, 38 S.Ct. 462, 62 L.Ed. 1017; and Burnet v. Thompson Oil Gas Co., 283 U.S. 301, 51 S.Ct. 418, 75 L.Ed. 1049 . These decisions definitely establish that, when deductions are allowed, capital need not be preserved intact or need there be any segregation into capital and income of what comes to a taxpayer in the form of … WebbSTANTON v. BALTIC MINING COMPANY. No. 359. Supreme Court of United States. Argued October 14, 15, 1915. Decided February 21, 1916. APPEAL FROM THE DISTRICT COURT … fifth harmony how sing little me
Stanton v. Baltic Mining Co. Wiki - everipedia.org
Webb202 BULLETIN OF THE NATIONAL TAX ASSOCIATION [Vol. V The issue in the case was the interpreta-tion of that part of section 117 of the Act of June 30, 1864, ... Stanton v. Baltic Mining Co., 240 U. S. 103, 112 et seq.; Peck ô-9 Co. v. Lowe, 247 U. S. 165, 172-173. No. 7] APRIL, 1920 203 Webb17 okt. 1992 · 1953 1 157 U.S. 429 (1895); 158 U.S. 601 (1895). 2 Ch. 349, §27, 28 Stat. 509, 553. 3 The Court conceded that taxes on incomes from ‘‘professions, trades, employ- ments, or vocations’’ levied by this act were excise taxes and therefore valid. The entire statute, however, was voided on the ground that Congress never intended to WebbIn Stanton v. Baltic Mining Company, supra, the Income Tax Law of 1913 was before the court, and it was contended that the clause in that act, limiting the mines to a maximum … fifth harmony how sing secret love song