Legal Opinion
Portage Plastics Company, Inc. v. United States
Court of Appeals for the Seventh Circuit
Decided October 19, 1972No. 71-1555PublishedCited by 7 opinions
1Opinion of the Court
LARAMORE, Senior Judge.
This is a Federal income tax case which presents an issue relevant to a great number of small business corporations which have elected, or may elect in the future, to be taxed under Subchapter S of the Internal Revenue Code of 1954.1 It is an issue involving section 1371(a) (4) of said Code, together with Treasury Regulation § 1.1371-l(g), as amended by T.D. 6904, 1967-1 Cum.Bull. 219, the regulation promulgated to explain the Code section first noted. Furthermore, it is an issue which has been considered by district courts other than the one from which this appeal is…
2Cases cited13 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Benjamin D. And Madeline Prentice Gilbert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
- Commissioner of Int. Rev. v. Meridian & Thirteenth R. Co.Court of Appeals for the Seventh Circuit · 1942
- Charter Wire, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1962
- Gamman v. CommissionerUnited States Tax Court · 1966
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Parker Oil Co. v. CommissionerUnited States Tax Court · 1972
- Amory Cotton Oil Company, Plaintiff-Appellee-Cross-Appellant v. United States of America, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1972
- Shores Realty Company, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1972
- Portage Plastics Company, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1973
- Wright v. Heizer Corp.District Court, N.D. Illinois · 1980
2 more not listed; retrieve them via the Exa API.