Legal Opinion
Nestlé Purina Petcare Co. v. Commissioner
Court of Appeals for the Eighth Circuit
Decided February 9, 2010No. 09-1381PublishedCited by 7 opinions
1Opinion of the Court
BENTON, Circuit Judge.
The tax court ruled, on summary judgment, that Nestlé Purina Petcare Company — hereafter Ralston, its name during the relevant years — could not deduct payments for cash distribution redemptive dividends. Ralston Purina Co. v. Comm’r, 131 T.C. 29, 2008 WL 4159698 (2008). Ralston appeals. Having jurisdiction under 26 U.S.C. § 7482, this court affirms.
I
In 1989, Ralston established an employee stock ownership plan (“ESOP”). See 26 U.S.C. §§ 401(a), 401(k), 4975(e)(7). A trust held the ESOP’s assets, primarily Ralston preferred stock. Ralston contributed to the ESOP for the…
2Cases cited16 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Indopco, Inc. v. CommissionerSupreme Court of the United States · 1992
- Commissioner v. EngleSupreme Court of the United States · 1984
- Helvering v. Morgan's, Inc.Supreme Court of the United States · 1934
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3Cited by7 opinions
- Judith Coffey v. CIRCourt of Appeals for the Eighth Circuit · 2021
- Conmac Investments, Inc. v. CIRCourt of Appeals for the Eighth Circuit · 2025
- Judith Coffey v. CIRCourt of Appeals for the Eighth Circuit · 2020
- McPeek v. CommissionerCourt of Appeals for the Eighth Circuit · 2010
- Nestle Purina PetCare Co. v. CommissionerSupreme Court of the United States · 2010
2 more not listed; retrieve them via the Exa API.