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· 5/3/1926

Bowers v. Kerbaugh-Empire Co.

Citations

  • 271 U.S. 170
  • 46 S. Ct. 449
  • 70 L. Ed. 886
  • 1926 U.S. LEXIS 615
  • 5 A.F.T.R. (P-H) 6014
  • 1 U.S. Tax Cas. (CCH) 174

About this case

Bowers v. Kerbaugh-Empire Co.

Bowers v. Kerbaugh-Empire Co., 271 U.S. 170 (1926),[1] was a case in which the United States Supreme Court held that no taxable income arose from the repayment in German marks of loans that had originally been made in U.S. dollars, despite the fact that the marks had gone down in value relative to the dollar since the loan had been made.

This decision was narrowed by the court six years later in _United States v. Kirby Lumber Co. _.

References

(https://en.wikipedia.org/w/index.php?title=Bowers_v._Kerbaugh-Empire_Co.&action=edit&section=1 "Edit section: References")

  1. "Bowers v. Kerbaugh-Empire Co., 271 U.S. 170 (1926)" . Justia Law. Retrieved October 5, 2024.

External links

(https://en.wikipedia.org/w/index.php?title=Bowers_v._Kerbaugh-Empire_Co.&action=edit&section=2 "Edit section: External links")

Retrieved from "https://en.wikipedia.org/w/index.php?title=Bowers_v._Kerbaugh-Empire_Co.&oldid=1351349123 "

Editorial context from Wikipedia (CC-BY-SA 4.0).

Judges: Butler, Brandéis

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.