Legal Opinion
Rex Mfg. Co. v. Commissioner
Court of Appeals for the Seventh Circuit
Decided February 24, 1939No. 6785PublishedCited by 7 opinions
1Opinion of the Court
EVANS, Circuit Judge.
We are asked, in this appeal from the Board of Tax Appeals, for a decision holding that the transaction in controversy was a “reorganization” wherein fifty per cent of the corporate “interest or control” remained in the same persons so as to permit the new company to use the same basis for depreciation in its income tax reports 'as its corporate predecessor had used.
The Board assumed, but did not determine, that there was a “reorganization” within the meaning of Section 112 (i), 26 U.S.C.A. § 112 note, but held that there was no continuity of fifty per cent interest or…
2Cases cited11 opinions
- Pinellas Ice & Cold Storage Co. v. CommissionerSupreme Court of the United States · 1933
- Helvering v. Minnesota Tea Co.Supreme Court of the United States · 1935
- Groman v. CommissionerSupreme Court of the United States · 1937
- John A. Nelson Co. v. HelveringSupreme Court of the United States · 1935
- Helvering v. WattsSupreme Court of the United States · 1935
6 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Mascot Stove Co. v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1941
- Templeton's Jewelers, Inc. v. United StatesCourt of Appeals for the Sixth Circuit · 1942
- D. W. Klein Co. v. CommissionerCourt of Appeals for the Seventh Circuit · 1941
- Adamston Flat Glass Co. v. CommissionerCourt of Appeals for the Fourth Circuit · 1947
- Commissioner of Internal Revenue v. Cement Investors, Inc.Court of Appeals for the Tenth Circuit · 1941
2 more not listed; retrieve them via the Exa API.