Legal Opinion
Meurer Steel Barrel Co. v. Commissioner of Int. Rev.
Court of Appeals for the Third Circuit
Decided July 21, 1944No. 8520PublishedCited by 18 opinions
1Opinion of the Court
McLAUGHLIN, Circuit Judge.
The dispute here centers around the disposal of the taxpayer’s business. The Tax Court found that the petitioner sold its assets and realized a profit. Petitioner contends that it distributed its assets in liquidation to its stockholders with consequently no profit involved and, therefore, no tax. The pertinent parts of the Revenue Act of 1936 are set out in the footnote. 1
The Tax Court found the following facts, among others; The petitioner was a New York corporation. It was engaged in the manufacture of steel barrels with its plant located at Newark, New Jersey. It…
2Cases cited7 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Chisholm v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1935
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Ewald v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1944
2 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Wichita Term. El. Co. v. Commissioner of Int. R.Court of Appeals for the Tenth Circuit · 1947
- Ingle Coal Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1949
- George Slaff v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
- United States v. Cummins Distilleries CorporationCourt of Appeals for the Sixth Circuit · 1948
- A. B. C. D. Lands, Inc. v. CommissionerUnited States Tax Court · 1964
13 more not listed; retrieve them via the Exa API.