Legal Opinion
Union Chemical & Materials Corp. v. United States
United States Court of Claims
Decided November 1, 1961No. 76-57PublishedCited by 11 opinions
1Opinion of the Court
LARAMORE, Judge.
This is an action for refund of Federal corporate income tax for the calendar year 1948. The taxpaper is the successor in interest to the rights and liabilities of Follansbee Steel Corporation by virtue of a merger with that company on December 23,1954.
In the years immediately succeeding World War II, Follansbee experienced an expanded sales position which resulted in increased profits and a general improvement in the financial condition of the company. It was felt by some of the stockholders that this improved financial situation was due, at least in part, to the efforts of…
2Cases cited8 opinions
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Commissioner v. LoBueSupreme Court of the United States · 1956
- Commissioner v. SmithSupreme Court of the United States · 1945
- Commissioner v. SmithSupreme Court of the United States · 1945
- Stone v. ComissionerUnited States Tax Court · 1953
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Raymond A. Rank v. United StatesCourt of Appeals for the Fifth Circuit · 1965
- Simmonds Precision Prods. v. Comm'rUnited States Tax Court · 1980
- Wanvig v. United StatesDistrict Court, E.D. Wisconsin · 1969
- Transamerica Corp. v. United StatesUnited States Court of Claims · 1984
- McNatt v. CommissionerUnited States Tax Court · 1962
6 more not listed; retrieve them via the Exa API.