Opinion · Supreme Court of the United States

Bloomfield Steamship Co. v. United States

Bloomfield S.S. Co. v. United States, 17 L. Ed. 2d 543 (1967)

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1967-01-09
Topic
general

holding “Section 163(a) does not ‘intend’ that taxpayers should be permitted deductions for interest paid on debts that were en tered into solely in order to obtain a deduction” | involving the purchase of Government securities with "borrowed” funds

Citator

Cited by
27 opinions

C. A. 5th Cir. Certiorari denied.