Hollywood Baseball Ass'n v. Commissioner
United States Tax Court
The Brooklyn Dodgers and New York Giants of the major National League transferred their baseball organizations to the Los Angeles and San Francisco areas prior to the commencement of the 1958 professional baseball season. These areas had formerly been controlled by the minor Pacific Coast League.
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The Brooklyn Dodgers and New York Giants of the major National League transferred their baseball organizations to the Los Angeles and San Francisco areas prior to the commencement of the 1958 professional baseball season. These areas had formerly been controlled by the minor Pacific Coast League. As a result of the transfer, the Pacific Coast League Hollywood Stars baseball organization adopted a plan of liquidation pursuant to section 337, I.R.C. 1954. Held: 1. Payments for the nonbulk sale of certain baseball player contracts are not within the purview of section 337; 2. Consideration for…
1Opinion of the Court
Hollywood Baseball Association, Petitioner, v. Commissioner of Internal Revenue, Respondent
Hollywood Baseball Ass'n v. Commissioner
Docket No. 93647
United States Tax Court
42 T.C. 234; 1964 U.S. Tax Ct. LEXIS 113;
April 21, 1964, Filed
Decision will be entered under Rule 50.
The Brooklyn Dodgers and New York Giants of the major National League transferred their baseball organizations to the Los Angeles and San Francisco areas prior to the commencement of the 1958 professional baseball season. These areas had formerly been controlled by the minor Pacific Coast League. As a result of the transfer,…
Also in this document: Dissent.
2Cases cited97 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- United States v. Cumberland Public Service Co.Supreme Court of the United States · 1950
- Radovich v. National Football LeagueSupreme Court of the United States · 1957
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