Bowers v. Kerbaugh-Empire Co.

Bowers v. Kerbaugh-Empire Co.
Supreme Court of the United States
Argued January 25, 1926 Decided May 3, 1926
Full case name: Bowers, Collector of Internal Revenue, v. Kerbaugh-Empire Co. Citations: 271 U.S. 170 Prior history: --- Subsequent history: ---
Holding
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Court membership
Chief Justice --- Associate Justices ---
Case opinions
Majority by: Butler Joined by: --- Concurrence in the judgment by: Brandeis
Laws applied
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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.

External link

• ^ 271 U.S. 170 (Text of the opinion on Findlaw.com)