Legal Opinion
Farmers Cooperative Company v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided March 3, 1961No. 16507_1PublishedCited by 18 opinions
1Opinion of the Court
VAN OOSTERHOUT, Circuit Judge.
This case is before us upon timely petition by taxpayer, a nonexempt cooperative corporation, for review of decision of the Tax Court (opinion 33 T.C. 266) assessing deficiencies against it for income taxes for the calendar years 1953 and 1954, based upon the disallowance of an exclusion from income of alleged patronage dividends. The Tax Court sus tained the Commissioner’s disallowance of the patronage dividends on the basis that the taxpayer had lost its right to exclude or deduct the amount claimed on its returns as patronage dividends for the years 1953 and…
2Cases cited22 opinions
- Norwegian Nitrogen Products Co. v. United StatesSupreme Court of the United States · 1933
- Brewster v. GageSupreme Court of the United States · 1930
- Fawcus MacHine Co. v. United StatesSupreme Court of the United States · 1931
- United States v. MooreSupreme Court of the United States · 1878
- Universal Battery Co. v. United States and Four Other CasesSupreme Court of the United States · 1930
17 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Union Equity Cooperative Exchange v. CommissionerUnited States Tax Court · 1972
- Pomeroy Cooperative Grain Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1961
- Riverfront Groves, Inc. v. CommissionerUnited States Tax Court · 1973
- Consumers Credit Rural Electric Cooperative Corp. v. CommissionerUnited States Tax Court · 1961
- Petaluma Co-operative Creamery v. CommissionerUnited States Tax Court · 1969
13 more not listed; retrieve them via the Exa API.