United States Supreme Court Cases & Opinions

U.S. Supreme Court

Pacific Coast Steel Co. v. McLaughlin, 288 U.S. 426 (1933)

Pacific Coast Steel Co. v. McLaughlin

No. 518

Argued February 15, 1933

Decided March 13, 1933

288 U.S. 426

Syllabus

1. Clause (2) of paragraph (e) of § 278 of the Revenue Act of 1924, which declares that that section shall not "affect any assessment made . . . before the enactment of this Act," does not render inoperative the provisions of paragraph (c) of the same section authorizing waivers with respect to taxes of which the assessment had been made but the collection had become barred prior to the date of the Act. P. 288 U. S. 428.

2. Waivers given after the date of the Revenue Act of 1924 with respect to the collection of taxes barred before that date are not invalid under clause (1), paragraph (e) of § 278 of that Act. See McDonnell v. United States, ante p. 288 U. S. 420. P. 288 U. S. 429.

61 F.2d 73 affirmed.

Certiorari, 287 U.S. 595, to review a judgment rejecting a claim for money collected as income and excess profits taxes.