Legal Opinion
Paramount-Richards Theatres, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided February 15, 1946No. 11315PublishedCited by 92 opinions
1Opinion of the Court
McCORD, Circuit Judge.
The appeals here are from decisions of the Tax Court denying certain tax deductions claimed by Paramount-Richards The-atres, Inc., Ernest V. Richards, Jr., and his wife, Loretta McKenna Richards, for the years 1938 and 1939. Richards and his wife reported their income on the community property basis.
The important facts are these: In November 1934, Paramount Publix Corporation, a Delaware corporation, was involved in a reorganization proceeding under 77B of the Bankruptcy Act, 11 U.S.C.A. § 207, in the Southern District of New York. At ihe same time, two Louisiana…
2Cases cited11 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Kornhauser v. United StatesSupreme Court of the United States · 1928
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
- McDonald v. CommissionerSupreme Court of the United States · 1944
6 more not listed; retrieve them via the Exa API.
3Cited by92 opinions
- American Properties, Inc. v. CommissionerUnited States Tax Court · 1957
- Gene O. Clark and Faye Clark v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1959
- Irving Sachs v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1960
- Baird v. CommissionerUnited States Tax Court · 1955
- Chesbro v. CommissionerUnited States Tax Court · 1953
87 more not listed; retrieve them via the Exa API.