Legal Opinion
Syms Corp. v. Commissioner of Revenue
Massachusetts Supreme Judicial Court
Decided April 10, 2002PublishedCited by 17 opinions
1Opinion of the CourtCordy, J.
Syms Corp. (Syms) appeals from a decision of the Appellate Tax Board (board) affirming the refusal by the Commissioner of Revenue (commissioner) to abate $291,571 in corporate excise taxes assessed against it for the tax years 1986, 1987, 1989, 1990, and 1991. The assessments resulted from the commissioner’s disallowance of deductions Syms had taken for royalty payments it had made to its wholly owned subsidiary, SYL, Inc. (SYL). The royalties were paid to SYL for the use of certain trade names, trademarks, and service marks (marks), which Syms had transferred to SYL in December, 1986.
After…
2Cases cited29 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Gregory v. HelveringSupreme Court of the United States · 1935
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
24 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- TD Banknorth, N.A. v. Department of TaxesSupreme Court of Vermont · 2008
- KFC Corporation Vs. Iowa Department Of RevenueSupreme Court of Iowa · 2010
- Frank Sawyer Trust of May 1992 v. Commissioner of Internal RevenCourt of Appeals for the First Circuit · 2013
- Comptroller of the Treasury v. SYL, Inc.Court of Appeals of Maryland · 2003
- Surtees v. VFJ Ventures, Inc.Court of Civil Appeals of Alabama · 2008
12 more not listed; retrieve them via the Exa API.