1. United States v. Skelly Oil Co., No. 280, SUPREME COURT OF THE UNITED STATES, January 15, 1969, Argued , April 21, 1969, Decided
OVERVIEW: A taxpayer's attempt to deduct the full amount of money that it refunded to its customers was properly disallowed because there was no congressional intent under the tax code to give a deduction for refunding money that was not taxed when received.
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