Legal Opinion
Gloucester Ice & Cold Storage Co. v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided January 24, 1962No. 5816_1PublishedCited by 12 opinions
1Opinion of the Court
WOODBURY, Chief Judge.
This petition to review a decision of the Tax Court of the United States presents the question whether payments of $7,000 each year for the years 1952 to 1955, inclusive, made by the petitioner to the holders of its twenty year seven percent debenture bonds were deductible payments of interest or non-deductible distributions of dividends.
The petitioner was organized as a corporation under the laws of Massachusetts in November 1938 to engage in the City of Gloucester in the business of manufac turing and selling ice and providing freezing and cold storage service…
2Cases cited6 opinions
- John Kelley Co. v. CommissionerSupreme Court of the United States · 1946
- John v. Rowan v. United StatesCourt of Appeals for the Fifth Circuit · 1955
- Commissioner of Internal Revenue v. HP Hood & SonsCourt of Appeals for the First Circuit · 1944
- Brake & Electric Sales Corporation v. United StatesCourt of Appeals for the First Circuit · 1961
- Haffenreffer Brewing Co. v. Commissioner of Int. Rev.Court of Appeals for the First Circuit · 1940
1 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Charter Wire, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1962
- P. M. Finance Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1962
- J. S. Biritz Construction Co. v. Commissioner of Internal Revenue, Joseph S. Biritz and Dorothy Biritz v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1967
- Sherwood Memorial Gardens, Inc., (Tennessee) v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1965
- National Farmers Union Service Corporation v. United StatesCourt of Appeals for the Tenth Circuit · 1968
7 more not listed; retrieve them via the Exa API.