Legal Opinion
Jennings v. United States
Court of Appeals for the Seventh Circuit
Decided December 17, 1959No. 12620PublishedCited by 8 opinions
1Opinion of the Court
HASTINGS, Chief Judge.
This case concerns the legal nature of certain payments made to Ode D. Jennings and Jeannette H. Jennings (taxpayers) by O. D. Jennings and Company, a corporation. Taxpayers claimed that such payments were merely the partial repayment oí a series of loans made by them to the corporation and that they were non-taxable. The Commissioner of Internal Revenue contended that these payments were taxable dividend distributions under Section 115 of the Internal Revenue Code of 1939, 26 U.S.C.A. § 115. The Commissioner made a deficiency assessment which taxpayers paid and then…
2Cases cited15 opinions
- Bogardus v. CommissionerSupreme Court of the United States · 1937
- Helvering v. Tex-Penn Oil Co.Supreme Court of the United States · 1937
- Benjamin D. And Madeline Prentice Gilbert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
- Helvering v. RankinSupreme Court of the United States · 1935
- Schnitzer v. CommissionerUnited States Tax Court · 1949
10 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Los Angeles Shipbuilding & Drydock Corporation v. United States of America, United States of America v. Los Angeles Shipbuilding & Drydock CorporationCourt of Appeals for the Ninth Circuit · 1961
- Andrew M. Spheeris and Ismene A. Spheeris v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1961
- American-La France-Foamite Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- Commissioner v. CallnerCourt of Appeals for the Seventh Circuit · 1961
- Jennings v. United StatesCourt of Appeals for the Seventh Circuit · 1959
3 more not listed; retrieve them via the Exa API.