Legal Opinion
Commissioner of Internal Revenue v. McKay Products Corporation. McKay Products Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Third Circuit
Decided December 16, 1949No. 9808_1PublishedCited by 24 opinions
1Opinion of the Court
GOODRICH, Circuit Judge.
The controversies between the taxpayer and the Commissioner in these two appeals present three questions for our determination. Reduced to their simplest statement, the facts out of which the controversies arise are these:
People in the community of Sayre, Pennsylvania, sought during the depression to bring industries to town for the obvious purpose of increasing local payrolls and thus to promote general prosperity. To this end, a group of citizens organized Valley Industries, Inc., a Pennsylvania non-profit corporation, and subscribed a sum of money to it. A company…
2Cases cited11 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Helvering v. American Dental Co.Supreme Court of the United States · 1943
- Detroit Edison Co. v. CommissionerSupreme Court of the United States · 1943
- Autenreith v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1940
6 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Brown Shoe Co. v. CommissionerSupreme Court of the United States · 1950
- Clark v. CommissionerUnited States Tax Court · 1952
- Teleservice Company of Wyoming Valley v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1958
- United Grocers, Ltd. v. United StatesCourt of Appeals for the Ninth Circuit · 1962
- Chicago, Burlington & Quincy Railroad v. United StatesUnited States Court of Claims · 1972
19 more not listed; retrieve them via the Exa API.