Legal Opinion
Gerald R. Redding and Dorothy M. Redding and Thomas W. Moses and Anne M. Moses v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided August 25, 1980No. 79-1775, 79-1776PublishedCited by 30 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
This is an appeal by the Commissioner of Internal Revenue from determinations of the United States Tax Court that Gerald R. and Dorothy M. Redding and Thomas W. and Anne M. Moses (“taxpayers”) do not owe any income tax on account of the receipt or exercise of stock warrants.1 These warrants were distributed as part of a series of transactions involving distribution by the Indianapolis Water Company (the “Water Company”) to its stockholders of all the stock of its wholly-owned subsidiary, Shorewood Corporation (“Shorewood”). The distribution of warrants was made…
2Cases cited19 opinions
- Helvering v. HallockSupreme Court of the United States · 1940
- Palmer v. CommissionerSupreme Court of the United States · 1937
- Commissioner v. GordonSupreme Court of the United States · 1968
- King Enterprises, Inc. v. The United StatesUnited States Court of Claims · 1969
- Television Industries, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
14 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Cal-Maine Foods, Inc. v. CommissionerUnited States Tax Court · 1989
- Schulz v. CommissionerCourt of Appeals for the Seventh Circuit · 1982
- Penrod v. CommissionerUnited States Tax Court · 1987
- Security Industrial Insurance Company v. United StatesCourt of Appeals for the Fifth Circuit · 1983
- McDonald Restaurants of Illinois, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1982
25 more not listed; retrieve them via the Exa API.