Legal Opinion
Fischer v. United States
District Court, E.D. Pennsylvania
Decided September 16, 1977No. Civ. A. 74-900PublishedCited by 10 opinions
1Opinion of the Court
OPINION
DITTER, District Judge.
The question presented in this ease is whether certain advances to a closely held corporation were loans or contributions to capital, and, if loans, whether they should be treated as business or nonbusiness debts for federal income tax purposes. Plaintiff asserts that these advances were business bad debts and seeks a tax refund for the years 1967 through 1969 as well as the right to apply the remainder of the claimed deduction against his income for the years 1971 through 1975. Cross-motions for summary judgment are now before the court. I conclude the advances…
2Cases cited18 opinions
- Benjamin D. And Madeline Prentice Gilbert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
- Fin Hay Realty Co. v. United StatesCourt of Appeals for the Third Circuit · 1968
- Nassau Lens Co., Inc. v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Harry Pildes and Sarah PildesCourt of Appeals for the Second Circuit · 1962
- United States v. Simon W. Henderson, Jr., Independent for the Estate of Louise R. Henderson, DeceasedCourt of Appeals for the Fifth Circuit · 1967
- In the Matter of Uneco, Inc., Bankrupt. United States of America v. Uneco, Inc.Court of Appeals for the Eighth Circuit · 1976
13 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Temp-Way Corp. v. Continental BankDistrict Court, E.D. Pennsylvania · 1992
- McLemore v. Olson (In Re B & L Laboratories, Inc.)United States Bankruptcy Court, M.D. Tennessee · 1986
- United States v. State Street Bank & Trust Co.United States Bankruptcy Court, D. Delaware · 2014
- K & R Service Co., Inc. v. United StatesDistrict Court, D. Massachusetts · 1983
- Sensenig v. Comm'rUnited States Tax Court · 2017
5 more not listed; retrieve them via the Exa API.