Legal Opinion
Motor Fuel Carriers, Inc. v. United States
Court of Appeals for the Fifth Circuit
Decided September 12, 1963No. 19745_1PublishedCited by 28 opinions
1Opinion of the Court
JONES, Circuit Judge.
Motor Fuel Carriers, Inc., the appellant, referred to in this opinion as the taxpayer, paid a deficiency accumulated earnings penalty assessment made pursuant to Section 531 of the Internal Revenue Code of 1954, by the Commissioner of Internal Revenue, and brought a refund suit in the United States District Court for the Northern District of Florida. The court made findings of fact and conclusions of law sustaining the determination of the Commissioner that the taxpayer had accumulated earnings beyond the reasonable needs of its business for the purpose of avoiding income…
2Cases cited10 opinions
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Dixie, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- J. L. Goodman Furniture Co. v. CommissionerUnited States Tax Court · 1948
- Barrow Manufacturing Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1961
- F. E. Watkins Motor Co. v. CommissionerUnited States Tax Court · 1958
5 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- John P. Scripps Newspapers v. CommissionerUnited States Tax Court · 1965
- Motor Fuel Carriers, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1977
- Motor Fuel Carriers, Inc. v. The United StatesUnited States Court of Claims · 1970
- Bahan Textile MacHinery Company, Inc. v. United StatesCourt of Appeals for the Fourth Circuit · 1972
- Battelstein Investment Co. v. United StatesDistrict Court, S.D. Texas · 1969
23 more not listed; retrieve them via the Exa API.