Case: Premier Oil Refining Co. v. United States
Abbreviation: Premier Oil Refining Co. v. United States
Decision Date: 1954-06-01
Docket Number: No. 692
Citation: 347 U.S. 987
Volume: 347
Reporter: United States Reports
Court: Supreme Court of the United States
Jurisdiction: United States
Parties: Premier Oil Refining Co. v. United States.
Judges: 
Pages: 987–988

Head Matter:
No. 692.
Premier Oil Refining Co. v. United States.

Opinion:
The petition for writ of certiorari to the United States Court of Appeals for the Fifth Circuit is granted limited to the question presented by the petition for the writ which reads as follows:
W. A. Sutherland and Mac Asbill, Jr. for petitioner.
Solicitor General Sobeloff for the United States.
"Where a deficiency in excess profits tax, based on the income and credits as shown in the taxpayer's return, would have existed except for the subsequent application of Section 722 of the Internal Revenue Code, is the taxpayer liable for interest on the amount of such deficiency (hereinafter called the 'potential deficiency') which would have existed had it not been extinguished by the application of Section 722?"