Ross Glove Co. v. Commissioner
United States Tax Court
P was president and controlling shareholder of a Wisconsin glove-manufacturing corporation, and he desired to establish a glove-manufacturing operation in the Philippines.
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P was president and controlling shareholder of a Wisconsin glove-manufacturing corporation, and he desired to establish a glove-manufacturing operation in the Philippines. In 1960, a Bahamian corporation was formed, with P as the controlling shareholder, for the primary purpose of manufacturing gloves in the Philippines, and such corporation did conduct the business of the Philippine operation, although P represented to the Philippine authorities that he was the sole proprietor of the Philippine operation. During 1961 and 1962, the Bahamian corporation provided sewing services, made advances,…
1Opinion of the Court
Ross Glove Company, et al., 1 Petitioners v. Commissioner of Internal Revenue, Respondent
Ross Glove Co. v. Commissioner
Docket Nos. 7486-70, 3837-71, 3838-71, 3848-71, 3849-71
United States Tax Court
60 T.C. 569; 1973 U.S. Tax Ct. LEXIS 91; 60 T.C. No. 63;
July 23, 1973, Filed
Decisions will be entered under Rule 50.
P was president and controlling shareholder of a Wisconsin glove-manufacturing corporation, and he desired to establish a glove-manufacturing operation in the Philippines. In 1960, a Bahamian corporation was formed, with P as the controlling shareholder, for the primary purpose of…
2Cases cited77 opinions
- Lucas v. EarlSupreme Court of the United States · 1930
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- James v. United StatesSupreme Court of the United States · 1961
- National Carbide Corp. v. CommissionerSupreme Court of the United States · 1949
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