Legal Opinion
Wickwire v. United States
Court of Appeals for the Sixth Circuit
Decided January 7, 1941No. 8384, 8385PublishedCited by 6 opinions
1Opinion of the Court
MARTIN, Circuit Judge.
Donald M. Teer, president, and J. Sterling Wickwire, treasurer of Teer-Wickwire and Company, a Michigan machinery manufacturing’ enterprise, each owned individually 47% per cent of the capital stock of the corporation. The remaining 'five per cent of stock was owned by the plant superintendent, who was the secretary and also the odd director serving on the corporate board with the president and the treasurer.
In December, 1929, Teer and Wickwire, as individuals, transferred, at current market prices from a joint trading account in which each owned a one-half interest,…
2Cases cited22 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Helvering v. CliffordSupreme Court of the United States · 1940
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- Higgins v. SmithSupreme Court of the United States · 1940
17 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Commissioner of Internal Revenue v. WhitneyCourt of Appeals for the Second Circuit · 1948
- Widener, Trust No. 5 v. CommissionerUnited States Tax Court · 1983
- Scully v. United StatesCourt of Appeals for the Seventh Circuit · 1988
- Scully v. United StatesCourt of Appeals for the Seventh Circuit · 1988
- Estate of Skouras v. CommissionerUnited States Tax Court · 1962
1 more not listed; retrieve them via the Exa API.