Case law

Hercules Gasoline Co. v. Commissioner

3 T.C.M. 793 · United States Tax Court · Jul 31, 1944

Hercules Gasoline Company, Inc. v. Commissioner. Hercules Gasoline Co. v. Commissioner Docket No. 111038. United States Tax Court 1944 Tax Ct. Memo LEXIS 162 ; 3 T.C.M. (CCH) 793 ; T.C.M. … The so-called interest distributions were payable only out of surplus net profits when declared by the board of directors. The board of directors had no power to make the payments from any other source.

Grodt & McKay Realty, Inc. v. Commissioner

77 T.C. 1221 · United States Tax Court · Dec 7, 1981

Zimmerman is a director, chairman of the board, vice president, and secretary-treasurer of Cattle Co. John R. … Commissioner v. Brown, 380 U.S. 563, 570-571 (1965).

Blue Flame Gas Co. v. Commissioner

54 T.C. 584 · United States Tax Court · Mar 24, 1970

See United States v. Williams, supra . … Moline Properties v.

Smith v. Commissioner

20 T.C.M. 775 · United States Tax Court · May 29, 1961

Wiss) v. Commissioner. Smith v. Commissioner Docket No. 72070. United States Tax Court T.C. Memo 1961-155 ; 1961 Tax Ct. Memo LEXIS 197 ; 20 T.C.M. (CCH) 775 ; T.C.M. (RIA) 61155 ; May 29, 1961 William R. … On September 23, 1954, the regular monthly meeting of the Board of Directors of Wiss & Sons was held. The members of the Board who attended this meeting and their relationship to the *199 decedent Norman F.

Wickersham v. Commissioner

78 T.C.M. 315 · United States Tax Court · Aug 20, 1999

The OCPND board is composed of five commissioners. From May 1988 throughout 1989, the five commissioners on the OCPND board were Mr. Winfree, Wallace Wayne Frederick (Mr. … On April 10, 1989, the OCPND board held a regular meeting at which the commissioners discussed the acquisition of a grain bagging facility. The OCPND board appointed Mr. Frederick and Mr. Young to approach Mr.

Minuto v. Commissioner

66 T.C. 616 · United States Tax Court · Jun 28, 1976

Board of Tax Appeals, Washington, D.C. 20044” not to be properly addressed, and Baker L. … Respondent’s reliance on the case of Kiker v. Commissioner, 218 F.2d 389 (4th Cir. 1955), is misplaced.

McDonald's of Zion, 432, Ill., Inc. v. Commissioner

76 T.C. 972 · United States Tax Court · Jun 11, 1981

See generally Helvering v. Alabama Asphaltic Limestone Co., 315 U.S. 179 (1942); LeTulle v. Scofield, 308 U.S. 415 (1940); John A. Nelson Co. v. Helvering, 296 U.S. 374 (1935); Helvering v. … The Accounting Principles Board (the predecessor of the Financial Accounting Standards Board) defined both methods in Opinion 16 — Business Combinations, par. 12, pp. 284-285 (1970), wherein it stated: “The pooling of interests

Cunningham v. Commissioner

28 T.C. 670 · United States Tax Court · Jun 17, 1957

Blatt Co. v. … B. 425 : In Helvering v. Bruun ( 309 U.

Cesanelli v. Commissioner

8 T.C. 776 · United States Tax Court · Apr 3, 1947

Cesanelli, Petitioner, et al. 1 v. Commissioner of Internal Revenue, Respondent Cesanelli v. Commissioner Docket Nos. 10002, 10003, 10004, 10005, 10006, 10007 United States Tax Court 8 T.C. 776 ; 1947 U.S. Tax Ct. … Brown, Esq ., for the petitioners. Leonard A. Marcussen, Esq ., for the respondent. Van Fossan, Judge . VAN FOSSAN *776 OPINION.

Kremer v. Commissioner

20 T.C.M. 1756 · United States Tax Court · Dec 18, 1961

Fehr Kremer v. Commissioner. Fehr Kremer and Nan D. Kremer v. Commissioner. Kremer v. Commissioner Docket Nos. 74795, 74796. United States Tax Court T.C. Memo 1961-337 ; 1961 Tax Ct. Memo LEXIS 12 ; 20 T.C.M. … On the contrary, the board of *25 directors knew of and approved the expenditures.

Banfield v. Commissioner

1 T.C.M. 403 · United States Tax Court · Jan 14, 1943

Banfield v. Commissioner. Banfield v. Commissioner Docket No. 101313. United States Tax Court 1943 Tax Ct. Memo LEXIS 508 ; 1 T.C.M. (CCH) 403 ; T.C.M. (RIA) 43020 ; January 14, 1943 *508 R. M. … Warren, identical with that in the instant proceeding, was decided by the Board adversely to the taxpayer.

Drew v. Commissioner

12 T.C. 5 · United States Tax Court · Jan 10, 1949

Allen v. Knott (C. C. A., 5th Cir.), 166 Fed. (2d) 798; Graber v. Commissioner, supra; Wilson v. Commissioner, supra; Paul L. Kuzmick, supra. … He engaged in this outside work at the suggestion of his draft board. We have found that the amounts paid him were not excessive, and hold them deductible in full.

Lundeen v. Commissioner

33 T.C. 19 · United States Tax Court · Oct 9, 1959

See, in that connection, Helvering v. Northwest Steel Rolling Mills, Inc., 311 U.S. 46 ; United States v. Ogilvie Hardware Co., supra; United States v. Lesoine, 203 F. 2d 123 . … On that date, and pursuant to the resolution of its board of directors, it in fact distributed $100,000 to its common stockholders pro rata, which under the provisions of 115 (a) and (b) constituted the payment of a taxable

Estate of Blackford v. Commissioner

77 T.C. 1246 · United States Tax Court · Dec 8, 1981

John v. Turner, 121 W. Va. 447 , 6 S.E.2d 480, 482 (1939); Brown v. Miller’s Ex’rs., 45 W. … Similarly, in Estate of Brock v.

Camloc Fastener Co. v. Commissioner

10 T.C. 1024 · United States Tax Court · Jun 7, 1948

Camloc Fastener Company, Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent. J. Mills Summers, Petitioner, v. Commissioner of Internal Revenue, Respondent Camloc Fastener Co. v. … See National Outdoor Advertising Bureau, Inc. v. Helverying , 89 Fed. (2d) 878 ; *1030 Burroughs Building Material Co. v.

M B & B v. Commissioner

1998 U.S. Tax Ct. LEXIS 60 · United States Tax Court · Aug 18, 1998

DONAHUE, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Repondent. M B & B v. Commissioner 17986-96S United States Tax Court 1998 U.S. Tax Ct. LEXIS 60 ; August 18, 1998 , Entered *60 SUZANNE W. … BROWN Chief Counsel Internal Revenue Service

National Leather & Shoe Finders Asso. v. Commissioner

9 T.C. 121 · United States Tax Court · Jul 29, 1947

National Leather & Shoe Finders Association, Petitioner, v. Commissioner of Internal Revenue, Respondent National Leather & Shoe Finders Asso. v. … United States , 99 Fed. (2d) 460 ; Northwestern Jobbers' Credit Bureau v.

Byram v. Commissioner

9 T.C. 1 · United States Tax Court · Jul 7, 1947

Byram, Deceased, the New York Trust Company, Executor, Petitioner, v. Commissioner of Internal Revenue, Respondent Byram v. Commissioner Docket No. 8837 United States Tax Court 9 T.C. 1 ; 1947 U.S. Tax Ct. … Kroger v. Commissioner , 145 Fed. (2d) 901 ; certiorari denied, 324 U.S. 866 .

Harwood Associates, Inc. v. Commissioner

63 T.C. 255 · United States Tax Court · Nov 26, 1974

Kales, 26 F.2d 178 (C.A. 6, 1928); Austin Co. v. Commissioner, 35 F.2d 910 (C.A. 6, 1929), 9 affirming 8 B.T.A. 628 (1927), certiorari denied 281 U.S. 735 (1930). … See Commissioner v. Pepsi-Cola Niagara Bottling Corp., 399 F.2d 390 (C.A. 2, 1968), reversing 48 T.C. 75 (1967); see Jack E.

Underwood v. Commissioner

63 T.C. 468 · United States Tax Court · Jan 27, 1975

Raynor, 50 T.C. 762, 770-771 (1968); Wheat v. United States, 353 F. Supp. 720, 722 (S.D. Tex. 1973); Neal v. United States, 313 F. Supp. 393, 396 (C.D. … Elizabeth Lewis Saigh, 36 T.C. 395 , 423 (1961). 9 The facts in Joseph Eichelberger & Co. v. Commissioner, 88 F.2d 874 (C.A. 5, 1937), and United States v.