Legal Opinion
People Ex Rel. Fox Film Corp. v. Loughman
New York Court of Appeals
Decided April 26, 1932PublishedCited by 11 opinions
1Opinion of the Court
Pound, Ch. J.
Questions are presented on this appeal arising under article 9-A of the Tax Law (Cons. Laws, ch. 60) which imposes an annual franchise tax upon business corporations measured by “ entire net income ” (§ 209) which is defined (§ 208, subd. 3) as meaning the “ total net income.”
Section 210 exempts from the provisions of article 9-A “ corporations wholly engaged in the purchase and sale of, and holding title to, real estate for themselves.”
Section 211 regulates reports of corporations to the Tax Commission. The annual franchise tax on respondent’s net income for the calendar year…
2Cases cited7 opinions
- Southern Pacific Co. v. LoweSupreme Court of the United States · 1918
- Rockefeller v. United StatesSupreme Court of the United States · 1921
- People Ex Rel. Tiffany Co. v. . CampbellNew York Court of Appeals · 1894
- People Ex Rel. Studebaker Corp. of America v. GilchristNew York Court of Appeals · 1926
- People Ex Rel. Western Electric Co. v. CampbellNew York Court of Appeals · 1895
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Calder v. GravesAppellate Division of the Supreme Court of the State of New York · 1941
- People Ex Rel. Adams Electric Light Co. v. GravesNew York Court of Appeals · 1936
- People Ex Rel. Wedgewood Realty Co. v. LynchNew York Court of Appeals · 1933
- United States v. E. Regensburg & SonsDistrict Court, S.D. New York · 1954
- Unum Real Estate Corp. v. GravesAppellate Division of the Supreme Court of the State of New York · 1939
6 more not listed; retrieve them via the Exa API.