Legal Opinion
Tri-Lakes SS Co. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided January 22, 1945No. 9820-9824PublishedCited by 15 opinions
1Opinion of the Court
SIMONS, Circuit Judge.
The determinative question in each of these petitions for review, is whether the term “property” includes money within the purview of § 112(b)(6) of the Internal Revenue Code 26 U.S.C.A. Int.Rev.Code, § 112(b)(6), which reads:
“(6) Property received by corporation on complete liquidation of another. No gain or loss shall be recognized upon the receipt by a corporation of property distributed in complete liquidation of another corporation. * * *”
The taxes in controversy are income and excess profits taxes for the year 1941, determined as a deficiency in the return of the…
2Cases cited9 opinions
- Miller v. RobertsonSupreme Court of the United States · 1924
- Pirie v. Chicago Title & Trust Co.Supreme Court of the United States · 1901
- Walling v. American Needlecrafts, Inc.Court of Appeals for the Sixth Circuit · 1943
- Fidelity & Deposit Co. of Md. v. ArenzSupreme Court of the United States · 1933
- Halliburton v. CommissionerCourt of Appeals for the Ninth Circuit · 1935
4 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Associated Telephone and Telegraph Company, and Cross v. United States of America, and CrossCourt of Appeals for the Second Circuit · 1962
- Fowler Hosiery Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1962
- Burnside Veneer Co. v. Commissioner of Internal Rev.Court of Appeals for the Sixth Circuit · 1948
- Mallow v. United StatesUnited States Court of Claims · 1963
- Wagner Quarries Company v. United StatesDistrict Court, N.D. Ohio · 1957
10 more not listed; retrieve them via the Exa API.