Legal Opinion
Golden Construction Company, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided December 24, 1955No. 5154_1PublishedCited by 31 opinions
1Opinion of the Court
PICKETT, Circuit Judge.
This is a petition to review a decision of the Tax Court. It involves an income tax deficiency of Golden Construction Company, Inc., for the fiscal year ending July 31, 1950, in the sum of $8,-727.29. The question presented is the reasonableness of the compensation paid the petitioner’s president who was the sole stockholder except for. those who owned the shares necessary to qualify directors.
The petitioner was incorporated in 1944, and A. C. Golden became its president. Its principal business was the construction of dwelling houses for sale. Golden was the only…
2Cases cited16 opinions
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Helvering v. RankinSupreme Court of the United States · 1935
- Dayton Power & Light Co. v. Public Utilities CommissionSupreme Court of the United States · 1934
- Miles-Conley Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1949
- Heil Beauty Supplies, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1952
11 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Ben Perlmutter and Bernice Perlmutter v. Commissioner of Internal Revenue, the Perlmutters, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1967
- Logan Lumber Company v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1966
- Perlmutter v. CommissionerUnited States Tax Court · 1965
- Henry Schwartz Corp. v. CommissionerUnited States Tax Court · 1973
- Pepsi--Cola Bottling Company of Salina, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1976
26 more not listed; retrieve them via the Exa API.