Legal Opinion
C. D. Spangler and Veva C. Spangler v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided April 18, 1960No. 8005PublishedCited by 47 opinions
1Opinion of the Court
SOBELOFF, Chief Judge.
The “collapsible corporation” provisions of the internal revenue laws are the principal subject-matter of this petition for review. The Commissioner denied capital gains treatment which the taxpayer claimed for certain profits realized by him in the redemption of his stock in two building corporations which he had been instrumental in forming. The Tax Court, in an opinion at 32 T.C. 782, reviewed by the full court, upheld the Commissioner’s action without dissent. For reasons which will be stated, we affirm its decision.
Taxpayer, C. D. Spangler, 1 is a building…
2Cases cited12 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- Fawcus MacHine Co. v. United StatesSupreme Court of the United States · 1931
- Raymond G. Burge and Kathleen E. Burge v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1958
- Arthur Glickman Herman Glickman and Ruth Glickman and Aaron Glickmand and Freda Glickman v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1958
- J. D. Abbott and Kathryn Abbott v. Commissioner of Internal Revenue, Carl M. Wolfe and Mary E. Wolfe v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1958
7 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- McSpadden v. CommissionerUnited States Tax Court · 1968
- R. A. Bryan and Ruby M. Bryan, C. B. McNairy and Rowena A. McNairy W. H. Weaver and Edith H. Weaver v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1960
- Hugh N. Mills and Jane W. Mills v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1968
- Rolland L. King and Arlene P. King v. United StatesCourt of Appeals for the Fifth Circuit · 1981
- Estate of Scharf v. CommissionerUnited States Tax Court · 1962
42 more not listed; retrieve them via the Exa API.