Haas v. United States
United States Tax Court
On May 1, 1944, H and W formed partnership #1 with A, the brother of H. H and W together owned 95 per cent of the partnership. The partnership was successful in manufacturing a product made possible by a production technique which H had developed. On January 28, 1945, H and W sold all their interest in the partnership to various individuals except 20 per cent which they retained.
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On May 1, 1944, H and W formed partnership #1 with A, the brother of H. H and W together owned 95 per cent of the partnership. The partnership was successful in manufacturing a product made possible by a production technique which H had developed. On January 28, 1945, H and W sold all their interest in the partnership to various individuals except 20 per cent which they retained. On February 1, 1945, by agreement between both the new and the old partners, partnership #1 was expressly dissolved and partnership #2 formed to continue the business under the same contracts and processes formerly…
1Opinion of the Court
Edward P. Haas, Carolyn Haas, Alvin N. Haas, Rita Honecker, Ella Coling, Marguerite Haas, Suelette Brady, Ethylan Rice, Phillip Mares, Germaine Mares, Elmer Mogensen and Florence H. Mogensen, d/b/a Haas Mold Company, a Partnership, Petitioners, v. United States of America, Respondent. Edward P. Haas, Carolyn Haas, and Alvin N. Haas, d/b/a Haas Mold Company, a Partnership; and Edward P. Haas, Carolyn Haas, Alvin N. Haas, Rita Honecker, Ella Coling, Marguerite Haas, Suelette Brady, Ethylan Rice, Phillip Mares, Germaine Mares, Elmer Mogensen and Florence H. Mogensen, d/b/a Haas Mold Company, a…
2Cases cited4 opinions
- Hoffman v. United StatesUnited States Tax Court · 1954
- Pechtel v. United StatesUnited States Tax Court · 1952
- Glenfield Machine & Tool Co. v. War Contracts Price Adjustment BoardUnited States Tax Court · 1951
- Haas v. United StatesUnited States Tax Court · 1955