Legal Opinion
Central Tablet Manufacturing Co. v. United States
Supreme Court of the United States
Decided June 19, 1974No. 73-593PublishedCited by 68 opinions
1Opinion of the CourtJustice Blackmun
Section 337 (a) of the Internal Revenue Code of 1954, 26 U. S. C. § 337 (a),1 provides, with stated exceptions, for the nonrecognition of gain or loss from a corporation’s “sale or exchange” of property that takes place during the 12-month period following the corporation’s adoption of a plan of complete liquidation that is effectuated within that period. The issue in this case is whether, when a fire destroys corporate property prior to the adoption of a plan of complete liquidation, but the fire insurance proceeds are received after the plan’s adoption, the gain realized is or is not to be…
2Cases cited19 opinions
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Burnet v. LoganSupreme Court of the United States · 1931
- United States v. Cumberland Public Service Co.Supreme Court of the United States · 1950
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- General Utilities & Operating Co. v. HelveringSupreme Court of the United States · 1935
14 more not listed; retrieve them via the Exa API.
3Cited by68 opinions
- Sanabria v. United StatesSupreme Court of the United States · 1978
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Don E. Williams Co. v. CommissionerSupreme Court of the United States · 1977
- Design & Production, Inc. v. United StatesUnited States Court of Claims · 1990
- United States v. Ingredient Technology Corporation, Formerly Known as Sucrest Corporation, and Robert M. RapaportCourt of Appeals for the Second Circuit · 1983
63 more not listed; retrieve them via the Exa API.