# American Bantam Car Co. v. Commissioner

> United States Tax Court · September 27, 1948 · 11 T.C. 397

URL: https://www.frixlaw.com/law-library/cases/4472919

## Case

- **Full name:** American Bantam Car Company v. Commissioner of Internal Revenue
- **Court:** United States Tax Court
- **Decided:** September 27, 1948
- **Citations:** 11 T.C. 397; 1948 U.S. Tax Ct. LEXIS 81
- **Precedential status:** Published
- **Opinion:** Concurrence by Leech
- **Judges:** Hill, Leech
- **Cited by:** 75 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4472919

## Opinion text

Leech, J., concurring: In my judgment the various steps outlined in the majority opinion were integrated parts of a single plan rather than independent undertakings. The fact that the plan was not reduced to writing is unimportant, since it was carried out as orally agreed upon. The record, in my opinion, is insufficient to establish that the corporation agreed to pay or paid more for the assets it acquired than the price at which the transferors purchased them. Hence, the basis to the corporation would be the same as found by the majority. Therefore, I concur only in the result.

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4472919. Public record. Not legal advice.