Woodlawn Park Cemetery Co. v. Commissioner
United States Tax Court
1. In 1944 and 1945, the petitioner received certain payments under contracts entered into during those years for the sale of burial space in a mausoleum unit it planned to construct. The petitioner was not obligated to construct the unit, or, once construction was begun, it was not required to complete it, but could return the payments received with interest and be free of liability. In certain contingencies the purchasers were not required to take the space contracted for.
Read the full summary
1. In 1944 and 1945, the petitioner received certain payments under contracts entered into during those years for the sale of burial space in a mausoleum unit it planned to construct. The petitioner was not obligated to construct the unit, or, once construction was begun, it was not required to complete it, but could return the payments received with interest and be free of liability. In certain contingencies the purchasers were not required to take the space contracted for. At the end of 1945, the foundation and concrete slab floor had been installed, a number of contracts for the…
1Opinion of the Court
Woodlawn Park Cemetery Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Woodlawn Park Cemetery Co. v. Commissioner
Docket No. 21956
United States Tax Court
16 T.C. 1067; 1951 U.S. Tax Ct. LEXIS 191;
May 16, 1951, Promulgated
Decision will be entered under Rule 50.
1. In 1944 and 1945, the petitioner received certain payments under contracts entered into during those years for the sale of burial space in a mausoleum unit it planned to construct. The petitioner was not obligated to construct the unit, or, once construction was begun, it was not required to complete it, but could…
2Cases cited9 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Lucas v. Ox Fibre Brush Co.Supreme Court of the United States · 1930
- United States Industrial Alcohol Co. v. HelveringCourt of Appeals for the Second Circuit · 1943
- Veenstra & De Haan Coal Co. v. CommissionerUnited States Tax Court · 1948
- In Re Pringle Engineering & Mfg. Co.Court of Appeals for the Seventh Circuit · 1947
4 more not listed; retrieve them via the Exa API.