Legal Opinion
Koch v. Commissioner of Revenue
Massachusetts Appeals Court
Decided December 18, 1992No. 90-P-1147PublishedCited by 7 opinions
1Opinion of the CourtIreland, J.
If, in 1983, William I. Koch (William), rather than twenty-five Delaware S-corporations established by him, had sold all of William’s stock in Koch Industries, Inc. (KII), to that company, William would have owed the Com*708monwealth $14,799,125 (plus interest) in income tax. William, however, attributed the gain on the sale of that stock to the S-corporations, of which he was the sole stockholder, and reported no Massachusetts tax due in connection with the sale of the stock. The Commissioner of Revenue (commissioner) attributed the sale to William and assessed a tax on the gain to him.
From that…
2Cases cited28 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Helvering v. HorstSupreme Court of the United States · 1940
- Higgins v. SmithSupreme Court of the United States · 1940
- Commissioner v. P. G. Lake, Inc.Supreme Court of the United States · 1958
23 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Koch v. Commissioner of RevenueMassachusetts Supreme Judicial Court · 1993
- Read v. Supervisor of AssessmentsCourt of Appeals of Maryland · 1999
- Long v. Martha's Vineyard Land Bank CommissionMassachusetts Appeals Court · 1993
- Minkin v. Commissioner of RevenueMassachusetts Appeals Court · 1996
- David Hutton v. Ruth E. Johnson, Commissioner of Revenue, State of Tennessee - DissentingCourt of Appeals of Tennessee · 1996
2 more not listed; retrieve them via the Exa API.