Case law

Louisiana Land & Exploration Co. v. Commissioner

92 T.C. 1340 · United States Tax Court · Jun 27, 1989

In 1983, the board of directors of petitioner declared a property dividend in the form of units of beneficial interest in a trust which would contain royalty interests. … (Indiana) v.

De Nobili Cigar Co. v. Commissioner

1 T.C. 673 · United States Tax Court · Feb 25, 1943

Helvering, 116 Fed. (2d) 937; Hirsch v. Commissioner, 124 Fed. (2d) 24; Hill v. Commissioner, 66 Fed. (2d) 45. In Smith v. … Parker v.

Pierce v. Commissioner

51 T.C.M. 1399 · United States Tax Court · Jul 8, 1986

Petitioner was furnished Forms W-2 by Brown-Randall, Inc. with respect to such payments. … Hansen v. United States, 744 F.2d 658 , 660 (8th Cir. 1984) ; Rowlee v. Commissioner, supra at 1119-1122 . Similarly, we reject petitioner's contention that he was not a "taxpayer." United States v.

Kamerman v. Commissioner

31 T.C.M. 480 · United States Tax Court · May 23, 1972

David Kamerman and Martha Kamerman, et al., 1 v. Commissioner. Kamerman v. Commissioner Docket Nos. 3370-65, 6271-66, 3256-67, 3283-67, 3301-67, 3104-68, 3577-69. United States Tax Court T.C. … Alexander, 34 T.C. 758 ; United States v. Eidson, (C.A. 5) 310 F. 2d 111 ; Pridemark, Inc., 42 T.C. 510 , affd. on this issue, (C.A. 4) 345 F. 2d 35 .

Daniels v. Commissioner

68 T.C.M. 1310 · United States Tax Court · Dec 5, 1994

If payment is made (i.e., dividends), it is discretionary with the corporations's board of directors. * * * [ Snyder v. Commissioner , 93 T.C. at 546 .] In Hutchens Non-Marital Trust v. Commissioner , T.C. … "A board of directors enjoys a presumption of sound business judgment, and its decisions will not be disturbed if they can be attributed to any rational business purpose," Sinclair Oil Corp. v.

Cave Buttes, L.L.C. v. Comm'r

147 T.C. No. 10 · United States Tax Court · Sep 20, 2016

In Bond v. … Memo. 1992-27; Browning v. Commissioner, 109 T.C. 303, 323 (1997); Van Zelst v. Commissioner, T.C. Memo. 1995-396, aff’d, 100 F.3d 1259 (7th Cir. 1996); McLennan v. United States, 24 Cl.

Wood v. Commissioner

31 T.C. 528 · United States Tax Court · Dec 15, 1958

Anderson v. Helvering, supra. … S. 507, 515 ): On the facts shown by the taxpayer in this case, the Board should have held the apportionment arbitrary and the commissioner’s determination invalid.

Rose Hill Memorial Park, Inc. v. Commissioner

23 T.C.M. 1434 · United States Tax Court · Sep 11, 1964

Article IV provides that officers shall be elected by the board of trustees. … Moline Properties, Inc. v. Commissioner, 319 U.S. 436 (1943) .

Rink v. Commissioner

51 T.C. 746 · United States Tax Court · Feb 10, 1969

Moline Properties v. Commissioner, 319 U.S. 436, 438 (1943). It is well established in the tax law. … [Moline Properties v. Commissioner, supra at 438-439. Footnotes omitted; emphasis added.]

Bloch v. Comm'r

63 T.C.M. 1701 · United States Tax Court · Jan 2, 1992

Rembusch v. Commissioner , T.C. Memo. 1979-73 . … Neely v. Commissioner , 85 T.C. 934 , 947 (1985) . We acknowledge that a taxpayer's mental incapacity may constitute "reasonable cause" for failure to file returns. See Brown v. United States , 630 F.Supp. 57 (M.D.

Southland Ice Co. v. Commissioner

5 T.C. 842 · United States Tax Court · Sep 28, 1945

It was chartered December 10, 1934, and on December 15,1934, the first meeting of the board of directors was held. It commenced operations January 1, 1935. … Helvering v. Alabama Asphaltic Limestone Co., 315 U. S. 179, 184 .

Milenbach v. Commissioner

106 T.C. 184 · United States Tax Court · Mar 28, 1996

In Armstrong Knitting Mills v. Commissioner, 19 B.T.A. 318 (1930), the Board of Tax Appeals considered a situation similar to the one involved here. … See Bresler v.

Graves v. Commissioner

48 T.C. 7 · United States Tax Court · Apr 10, 1967

In Massey Motors, Inc. v. … The Supreme Court, in the Massey case, also alluded to the statement in United States v.

Uri v. Commissioner

56 T.C.M. 1217 · United States Tax Court · Feb 7, 1989

On July 31, 1982, the Board of Directors (Mrs. Uri and Mr. … Estate of Leavitt v. Commissioner, supra. See Borg v. Commissioner, supra ; Perry v.

Carstenson v. Commissioner

57 T.C. 542 · United States Tax Court · Jan 31, 1972

Carstenson, Petitioners v. Commissioner of Internal Revenue, Respondent Carstenson v. Commissioner Docket No. 3386-71S United States Tax Court 57 T.C. 542 ; 1972 U.S. Tax Ct. … Under such circumstances, the Board of Tax Appeals held in Ethel Weisser , 32 B.T.A. 755 , that a proper amended petition subsequently filed by the wife, supported by her affidavit that the original petition filed in the

I. S. C., Inc. v. Commissioner

37 T.C.M. 1206 · United States Tax Court · Jul 27, 1978

At such meeting, the board of directors approved a fair market value of $ 15,514.56 per share. … Casey v. Commissioner , 38 T.C. 357 , 381 (1962) ; Radio Station WBIR, Inc. v. Commissioner , 31 T.C. 803 , 817 (1959) ; Bullock v.

Hartley v. Commissioner

58 T.C.M. 1152 · United States Tax Court · Jan 9, 1990

Schindler v. Schindler , 126 Cal. App. 2d 597 , 272 P. 2d 566 (1954) ; King v. King , 107 Cal. … Domarad v. Fisher & Burke, Inc ., 270 Cal. App. 2d 543 , 76 Cal. Rptr. 529 (1969) . Compare Doane v. California Land Co ., 243 F. 67 (9th Cir. 1917) , cert. denied 245 U.S. 660 (1917) ; Durkin v.

Bryan v. Commissioner

16 T.C. 972 · United States Tax Court · May 7, 1951

Commissioner v. Farren (C. A. 10, 1936), 82 F. 2d 141 ; Continental Oil Co. v. Jones (C. A. 10, 1949), 177 F. 2d 508 . … Ross v. Commissioner (C. A. 1, 1948), 169 F. 2d 483 , and Bennet v. Helvering (C. A. 2, 1943), 137 F. 2d 537 . We are without jurisdiction to determine a deficiency in excess of the amount determined by respondent.

Gulf Oil Corp. v. Commissioner

84 T.C. 447 · United States Tax Court · Mar 18, 1985

Durham Bros. v. Robertson, (1898) 1 Q.B. 765, 772. … Stewart v.

Seminole Flavor Co. v. Commissioner

4 T.C. 1215 · United States Tax Court · Apr 30, 1945

A., 6th Cir.), 112 Fed. (2d) 508, reversing Board of Tax Appeals memorandum opinion; E. C. Laster, 43 B. T. … Helvering v. Gregory, 293 U. S. 465 ; Chisholm v. Commissioner, 79 Fed. (2d) 14; Commissioner v. Gilmore Estate, 130 Fed. (2d) 791; Coca-Cola Co. v. United States, 47 Fed. Supp. 109; Commissioner v.