Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918)

Name: Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918) - Syllabus
Author: U.S. Supreme Court

Please note: this case begins in mid-page. It therefore shares a citation with the last page of the previous case. If you are attempting to follow a link to the last page of 247 U.S. 116, click here.

Goldfield Consolidated Mines Company v. Scott

No. 334

Argued March 4, 5, 6, 1918
Decided May 20, 1918
247 U.S. 126

CERTIFICATE FROM THE CIRCUIT COURT OF APPEALS

FOR THE NINTH CIRCUIT

Syllabus

In computing its excise under the Corporation Tax Act of August 5, 1909, a mining corporation is not entitled to deduct from it gross income any amount whatever on account of depletion or exhaustion of ore bodies caused by its operations for the year for which the tax is assessed.

It cannot deduct the cost value of the ore in the ground before it was mined, ascertained in compliance with the Treasury Regulations of February 14, 1911.

The case is stated in the opinion.

Contents:

Related Resources

None available for this document.

Download Options

Title: Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918)

Select an option:

*Note: A download may not start for up to 60 seconds.

Email Options

Title: Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918)

Select an option:

Email addres:

*Note: It may take up to 60 seconds for for the email to be generated.

Chicago: U.S. Supreme Court, "Syllabus," Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918) in 247 U.S. 126 247 U.S. 127. Original Sources, accessed June 7, 2025, http://originalsources.com/Document.aspx?DocID=89ISDS4VI1N4FSA.

MLA: U.S. Supreme Court. "Syllabus." Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918), in 247 U.S. 126, page 247 U.S. 127. Original Sources. 7 Jun. 2025. http://originalsources.com/Document.aspx?DocID=89ISDS4VI1N4FSA.

Harvard: U.S. Supreme Court, 'Syllabus' in Goldfield Consol. Mines Co. v. Scott, 247 U.S. 126 (1918). cited in 1918, 247 U.S. 126, pp.247 U.S. 127. Original Sources, retrieved 7 June 2025, from http://originalsources.com/Document.aspx?DocID=89ISDS4VI1N4FSA.

General Summary