Southern Dredging Corp. v. Commissioner
United States Tax Court
Held, petitioners were not incorporated for the principal purpose of evasion or avoidance of Federal income tax, within the purview of sec. 269, by securing the benefit of the surtax exemption.
1Opinion of the Court
Southern Dredging Corporation, et al., 1 Petitioners v. Commissioner of Internal Revenue, Respondent
Southern Dredging Corp. v. Commissioner
Docket Nos. 1646-66, 959-67, 960-67
United States Tax Court
54 T.C. 705; 1970 U.S. Tax Ct. LEXIS 173;
March 31, 1970, Filed
Decisions will be entered under Rule 50.
Held, petitioners were not incorporated for the principal purpose of evasion or avoidance of Federal income tax, within the purview of sec. 269, by securing the benefit of the surtax exemption.
Irving J. Slotchiver, for the petitioners.
David S. Meisel, for the respondent.
Hoyt, Judge.
HOYT
Respondent…
2Cases cited10 opinions
- James Realty Company, a Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1960
- Commodores Point Terminal Corp. v. CommissionerUnited States Tax Court · 1948
- Kessmar Construction Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1964
- Sno-Frost, Inc. v. CommissionerUnited States Tax Court · 1959
- Bay Sound Transportation Company v. United StatesCourt of Appeals for the Fifth Circuit · 1969
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