Texas & Pacific Ry. Co. v. United States, 286 U.S. 285 (1932)
U.S. Supreme CourtTexas & Pacific Ry. Co. v. United States, 286 U.S. 285 (1932)
Texas & Pacific Ry. Co. v. United States
Argued April 14, 1932
Decided May 16, 1932
286 U.S. 285
The amount paid to a railroad by the Government under § 209 of the Transportation Act to make up the minimum of operating income guaranteed for the six months next following the relinquishment of federal control was neither a gift nor a subsidy, but was income taxable under the Sixteenth Amendment and the Revenue Act of 1918. Pp. 286 U. S. 288-290.
72 Ct.Cls. 629, 52 F.2d 1040, affirmed.
Certiorari, 284 U.S. 616, to review a judgment rejecting a claim for refund of money collected by the Government as income tax.