Legal Opinion
R. A. Bryan and Ruby M. Bryan, C. B. McNairy and Rowena A. McNairy W. H. Weaver and Edith H. Weaver v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided July 13, 1960No. 8032PublishedCited by 53 opinions
1Opinion of the Court
HAYNSWORTH, Circuit Judge.
The taxpayers, R. A. Bryan, C. B. McNairy and W. H. Weaver, are North Carolinians engaged in construction businesses. With respect to their operations in 1951, 1952, and 1953, deficiencies of income tax were asserted. They seek review of adverse decisions of the Tax Court, presenting numerous questions.
I
Bryan and McNairy were partners with Florence L. Rogers, Joe W. Stout and Terry A. Lyon in a venture to construct a rental housing project. Bryan, McNairy and Stout were paid salaries, out of borrowed funds. Each partner receiving salary reported on his income tax…
2Cases cited16 opinions
- Helvering v. GowranSupreme Court of the United States · 1937
- Commissioner v. AckerSupreme Court of the United States · 1959
- Haywood Lumber & Mining Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1950
- Southeastern Finance Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1946
- Ferrando v. United StatesCourt of Appeals for the Ninth Circuit · 1957
11 more not listed; retrieve them via the Exa API.
3Cited by53 opinions
- Tomlinson v. LefkowitzCourt of Appeals for the Fifth Circuit · 1964
- Dustin v. CommissionerUnited States Tax Court · 1969
- Cagle v. CommissionerUnited States Tax Court · 1974
- Robinson's Dairy, Inc. v. CommissionerUnited States Tax Court · 1961
- Hugh N. Mills and Jane W. Mills v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1968
48 more not listed; retrieve them via the Exa API.