Case law

Trinova Corp. v. Commissioner

108 T.C. 68 · United States Tax Court · Feb 27, 1997

Earlier that year, on July 25, 1985, the board of directors of LOF approved the transfer of the glass business to a wholly owned subsidiary for valid business reasons. … In Brown v.

Diamond Gardner Corp. v. Commissioner

38 T.C. 875 · United States Tax Court · Sep 17, 1962

Helvering v. Wheeling Mold & Foundry Co., 71 F. 2d 719 ; California Iron Yards Corp. v. Commissioner, 82 F. 2d 776 ; Continental Baking Co. v. … Commissioner, supra; Continental Baking Co. v.

Oliver Family Found. v. Commissioner

73 T.C.M. 2755 · United States Tax Court · May 8, 1997

Memo. 1997-220 UNITED STATES TAX COURT OLIVER FAMILY FOUNDATION, Petitioner v. … Rule 217(c);  - 5 - American New Covenant Church v. Commissioner, 74 T.C. 293, 304 (1980).

Ocean Pool Supply Co. v. Commissioner

33 T.C.M. 784 · United States Tax Court · Jul 10, 1974

OCEAN POOL SUPPLY COMPANY, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Ocean Pool Supply Co. v. Commissioner Docket No. 1535-70. United States Tax Court T.C. Memo 1974-182 ; 1974 Tax Ct. … For the taxable years in issue, the board of directors consisted of E. L. Keuerleber, Joseph E. Colasuono and Lee Keuerleber. At the October 20, 1965, meeting the board voted E. L.

Zorro Tobacco Co. v. Commissioner

2 T.C.M. 21 · United States Tax Court · Apr 6, 1943

The Zorro Tobacco Co., Inc. v. Commissioner. Zorro Tobacco Co. v. Commissioner Docket No. 414 P.T. United States Tax Court 1943 Tax Ct. Memo LEXIS 370 ; 2 T.C.M. (CCH) 21 ; T.C.M. … A petition for review of such disallowance was filed with the Board of Review on December 16, 1941. 4.

Cropland Chem. Corp. v. Commissioner

75 T.C. 288 · United States Tax Court · Nov 25, 1980

Wilson v. Commissioner, 17 B.T.A. 976 (1929); Klein v. Commissioner, 25 T.C. 1045 (1956); Farnsworth v. Commissioner, 29 T.C. 1131 (1958), affd. 270 F.2d 660 (3d Cir. 1959). … Lucas v. Ox Fibre Brush Co., 281 U.S. 115 (1930); R.J. Nicoll Co. v. Commissioner, 59 T.C. 37 (1972).

Champlain Coach Lines, Inc. v. Commissioner

1 T.C.M. 138 · United States Tax Court · Nov 24, 1942

Champlain Coach Lines, Inc. v. Commissioner. Champlain Coach Lines, Inc. v. Commissioner Docket No. 107815. United States Tax Court 1942 Tax Ct. Memo LEXIS 80 ; 1 T.C.M. (CCH) 138 ; T.C.M. … At a special meeting of petitioner's board of directors held on December 12, 1935, the action of its officers was ratified by the adoption of the following resolution: RESOLVED, that the officers of the Corporation be, and

Altera Corp. v. Comm'r

145 T.C. 91 · United States Tax Court · Jul 27, 2015

Mining Cong. v. Mine Safety & Health Admin., 995 F.2d 1106, 1109 (D.C. Cir. 1993)); see also Chrysler Corp. v. Brown, 441 U.S. 281, 301–302 (1979). … V.

Kirk v. Commissioner

47 T.C. 177 · United States Tax Court · Nov 21, 1966

The Sixth Circuit, in its opinion in Gotfredson v. … McDonald v. Commissioner, supra; Fox v. Commissioner, (C.A. 4) 198 F. 2d 719 , affirming 16 T.C. 864 ; Estate of C. A. Smith, * * * [ 23 T.C. 690 ].

Estate of Strangi v. Comm'r

85 T.C.M. 1331 · United States Tax Court · May 20, 2003

the act of the board. … Among the particular powers or duties placed under the board is the payment of dividends, as follows: “The Board of Directors may declare, and the corporation may pay, dividends on its outstanding shares in any manner

Olmo v. Commissioner

38 T.C.M. 1112 · United States Tax Court · Jul 31, 1979

Sec. 1.401-1(b)(3), Income Tax Regs. ; Quality Brands, Inc. v. Commissioner, 67 T.C. 167 , 174 (1976) ; Loevsky v. … See Pulver Roofing Co. v. Commissioner, supra. Compare Lansons, Inc. v. Commissioner , supra .

Associates Inv. Co. v. Commissioner

59 T.C. 441 · United States Tax Court · Dec 20, 1972

See United States v. Village Corp., 298 F. 2d 816 (C.A. 4, 1962); Eastman, Gardiner & Co. v. Warren, 109 F. 2d 193 (C.A. 5, 1940); Helvering v. … Duerfeldt v.

Schiefer Elec. Co. v. Commissioner

5 T.C.M. 603 · United States Tax Court · Jul 18, 1946

Schiefer Electric Co., Inc. v. Commissioner. Schiefer Elec. Co. v. Commissioner Docket No. 7480. United States Tax Court 1946 Tax Ct. Memo LEXIS 137 ; 5 T.C.M. (CCH) 603 ; T.C.M. … Schiefer's salary for 1941 was $13,200 and was authorized by the Board of Directors.

Anderson v. Commissioner

5 T.C. 1317 · United States Tax Court · Dec 27, 1945

Much the same argument as that advanced by petitioner has been answered adversely to him in Hubbell v. Commissioner, 150 Fed. (2d) 516, affirming 3 T. C. 626 . … Although not voting on the particular orders and resolutions, petitioner was present at every meeting of the boards of directors at which any action with respect to the trusts was taken.

Berger v. Commissioner

7 T.C. 1339 · United States Tax Court · Dec 13, 1946

A. 83; Spinks Realty Co. v. Burnet, 62 Fed. (2d) 860. … Young v. Commissioner, 59 Fed. (2d) 691; Smith Real Estate Co. v. Page, 67 Fed. (2d) 462.

Weinberg v. Commissioner

64 T.C. 771 · United States Tax Court · Aug 4, 1975

In Bingler v. … In Magness v.

Appley v. Commissioner

39 T.C.M. 386 · United States Tax Court · Oct 23, 1979

Allen v. Commissioner, 72 T.C. 28 , 33 (1979) ; Golanty v. Commissioner, 72 T.C. (June 5, 1979) , on appeal (9th Cir. Aug. 31, 1979); Engdahl v. Commissioner, 72 T.C. (July 11, 1979) ; Dunn v. … Engdahl v. Commissioner, supra .

Perano v. Comm'r

130 T.C. 93 · United States Tax Court · May 7, 2008

See Helvering v. Le Gierse, 312 U.S. 531, 539 (1941); Wright v. Commissioner, T.C. … We said in Amerco & Subs. v.

Rodney, Inc. v. Commissioner

2 T.C. 1020 · United States Tax Court · Nov 24, 1943

Rodney, Incorporated, Petitioner, v. Commissioner of Internal Revenue, Respondent Rodney, Inc. v. Commissioner Docket No. 112173 United States Tax Court 2 T.C. 1020 ; 1943 U.S. Tax Ct. … The board of directors of Rodney, Inc., which held all of the stock of Gladstone, decided that Gladstone should be liquidated, and passed a resolution to that effect.

Henry C. Beck Builders, Inc. v. Commissioner

41 T.C. 616 · United States Tax Court · Feb 18, 1964

Beck Builders, Inc., et al., 1 Petitioners, v. Commissioner of Internal Revenue, Respondent Henry C. Beck Builders, Inc. v. … Hurtz v. United States , Ct. Cl. , F. 2d (July 12, 1963) ; Commissioner v.