Legal Opinion
Commissioner of Internal Revenue v. D. B. Anders
Court of Appeals for the Tenth Circuit
Decided August 6, 1969No. 9987PublishedCited by 55 opinions
1Opinion of the Court
HOLLOWAY, Circuit Judge.
This petition for review challenges the decision against the Government by the Tax Court in Anders v. Commissioner, 48 T.C. 815 (1967). The issue involved is whether the amount received for rental items of apparel, towels and the like in a sale of corporate assets preceding a *1285complete liquidation was a gain from the sale of property within the provisions of § 337 of the Internal Revenue Code of 1954 for non-recognition of gain to the corporation where the cost of such items had been fully expensed when they were purchased, or whether such gain was taxable as ordinary…
2Cases cited17 opinions
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- United States v. Cumberland Public Service Co.Supreme Court of the United States · 1950
- Commissioner v. Gillette Motor Transport, Inc.Supreme Court of the United States · 1960
- Fribourg Navigation Co. v. CommissionerSupreme Court of the United States · 1966
- Alice Phelan Sullivan Corporation, a California Corporation v. The United StatesUnited States Court of Claims · 1967
12 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- Hillsboro National Bank v. CommissionerSupreme Court of the United States · 1983
- Estate of Lang v. CommissionerUnited States Tax Court · 1975
- Putoma Corp. v. CommissionerUnited States Tax Court · 1976
- Putoma Corp., Successor by Merger of Pro-Mac Company, Petitioners- Cross-Appellants v. Commissioner of Internal Revenue, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1979
- Louis Spitalny and Betty Spitalny, His Wife v. United States of America, William Erdwurm and Bart F. Erdwurm, His Wife v. United StatesCourt of Appeals for the Ninth Circuit · 1970
50 more not listed; retrieve them via the Exa API.