Legal Opinion
Commissioner of Internal Rev. v. Terre Haute Elec. Co.
Court of Appeals for the Seventh Circuit
Decided November 16, 1933No. 4973, 4975PublishedCited by 23 opinions
1Opinion of the Court
EVANS, Circuit Judge.
Were the taxpayer, the Terre Haute Electric Company, and its parent company, the Terre Haute, Indianapolis and Eastern Traction Company, affiliated within the meaning of that word as used in the Revenue Act?
The taxpayer is an Indiana corporation having 20,000 shares of common and 10,000 shares of preferred stock. During the years 1922 and 1923, all of its common stock was owned by the parent company. In 1922, 18.-16 per cent, of taxpayer’s preferred stock was held by stockholders of the parent company. During 1922, sixty-five preferred stockholders of taxpayer…
2Cases cited7 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Old Colony Trust Co. v. CommissionerSupreme Court of the United States · 1929
- Weiss v. WeinerSupreme Court of the United States · 1929
- United States v. Boston & Maine RailroadSupreme Court of the United States · 1929
- Handy & Harman v. BurnetSupreme Court of the United States · 1931
2 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Commissioner of Internal Revenue v. Moore. Moore v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1953
- Atlantic Coast Line R. Co. v. Commissioner of Int. Rev.Court of Appeals for the Fourth Circuit · 1936
- Friend v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1941
- St. Paul Union Depot Co. v. Commissioner of Internal Rev.Court of Appeals for the Eighth Circuit · 1941
- Alaska Realty Co. v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1944
18 more not listed; retrieve them via the Exa API.