Legal Opinion
Wesley Heat Treating Co. v. Commissioner
Court of Appeals for the Seventh Circuit
Decided June 17, 1959No. Nos. 12553-12555PublishedCited by 4 opinions
1Opinion of the Court
PARKINSON, Circuit Judge.
The petitioning taxpayers, Wesley Heat Treating Co. (Heat), Spindler Metal Processing Co. (Metal), and Wesley Steel Treating Co. (Steel), all Wisconsin corporations having stockholders and officers in common, seek reversal of the decision of the Tax Court determining deficiencies in income, excess-profits and declared excess-profits tax for various years from 1942 to 1946, inclusive.1
The enactment of the 1942 Revenue Act gave rise to the controversy here. Prior thereto amounts contributed by employers to trusts for the benefit of employees were deductible under §…
2Cases cited3 opinions
- Dixie Pine Products Co. v. CommissionerSupreme Court of the United States · 1944
- Wesley Heat Treating Co. v. CommissionerUnited States Tax Court · 1958
- Commissioner of Internal Revenue v. Product Reporter CoCourt of Appeals for the Seventh Circuit · 1953
3Cited by4 opinions
- Mississippi River Fuel Corporation v. The United StatesUnited States Court of Claims · 1963
- Wesley Heat Treating Co. v. Commissioner of Internal Revenue, Spindler Metal Processing Co. v. Commissioner of Internal Revenue, Wesley Steel Treating Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1959
- Mississippi River Fuel Corporation v. The United StatesUnited States Court of Claims · 1963
- Mississippi River Fuel Corporation v. The United StatesUnited States Court of Claims · 1963