Legal Opinion
Service Co. v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided March 5, 1948No. 13638PublishedCited by 5 opinions
1Opinion of the Court
THOMAS, Circuit Judge.
This case is presented here on the petition of a taxpayer to review a decision of The Tax Court. The proceeding involves deficiencies in income and excess profits taxes for the years 1940, 1941, and 1942, aggregating $2,355.59. It will be unnecessary to detail the items in dispute because the parties have agreed upon the amount of the deficiencey due the government in the event the decision of The Tax Court is affirmed or if it should be reversed.
The problem for solution is whether the petitioner, a corporation, received the property of its wholly owned subsidiary,…
2Cases cited3 opinions
- Kennemer v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1938
- Holmby Corporation v. Commissioner of Internal Rev.Court of Appeals for the Ninth Circuit · 1936
- Tootle v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1932
3Cited by5 opinions
- Burnside Veneer Co. v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1948
- Cherry-Burrell Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1966
- Wales v. CommissionerUnited States Tax Court · 1968
- Barkley Co. of Arizona v. CommissionerUnited States Tax Court · 1988
- Wales v. CommissionerUnited States Tax Court · 1968