Legal Opinion
Texstar Corp. v. United States
District Court, N.D. Texas
Decided June 29, 1981No. Civ. A. 4-1795PublishedCited by 2 opinions
1Opinion of the Court
AMENDED MEMORANDUM OPINION
BELEW, District Judge.
Plaintiff, Texstar Corporation, as transferee of assets of Unitex Industries, Inc., brings suit seeking a refund of federal income taxes it alleges wrongfully assessed and collected. This action involves original issue discount and its proper valuation.
The Court makes the following findings of fact based upon the pleadings, stipulations, and evidence elicited at the trial. 1
1. Unitex was incorporated on August 5, 1952, as I.C.T. Discount Corporation. Its name was altered to I.C.T. Corporation on May 11, 1955, and later changed to Unitex…
2Cases cited7 opinions
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- Helvering v. Union Pacific RailroadSupreme Court of the United States · 1934
- Cities Service Company, Plaintiff-Appellee-Appellant v. United States of America, Defendant-Appellant-AppelleeCourt of Appeals for the Second Circuit · 1975
- United States v. St. Louis-San Francisco Railway Company, a Missouri Railroad CorporationCourt of Appeals for the Eighth Circuit · 1976
- Southern Fertilizer & Chemical Co. v. EdwardsDistrict Court, M.D. Georgia · 1955
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- The Texstar Corporation, Transferee of the Assets of Unitex Industries, Inc. And Its Subsidiaries v. United StatesCourt of Appeals for the Fifth Circuit · 1982
- Texstar Corp. & Affiliates v. CommissionerUnited States Tax Court · 1984