Bos Lines, Inc. v. Commissioner
United States Tax Court
Transferee liability. - Two motor carrier corporations, Truck and Freight, each received in 1952 an award from the Motor Carrier Claims Commission for use of its property by the Government in 1944-1945. Respondent determined a deficiency against each, and each filed a petition in the Tax Court. In 1957 Freight purchased all the stock of Truck and dissolved it.
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Transferee liability. - Two motor carrier corporations, Truck and Freight, each received in 1952 an award from the Motor Carrier Claims Commission for use of its property by the Government in 1944-1945. Respondent determined a deficiency against each, and each filed a petition in the Tax Court. In 1957 Freight purchased all the stock of Truck and dissolved it. Also in 1957 petitioner was incorporated by the stockholders of Freight, took over the business, and Freight was dissolved. In 1959 petitioner elected, pursuant to section 99 of the Technical Amendments Act of 1958, to treat the award…
1Opinion of the Court
Bos Lines, Inc., Transferee v. Commissioner. Bos Lines, Inc., Transferee of the Transferee v. Commissioner.
Bos Lines, Inc. v. Commissioner
Docket Nos. 4778-62, 4404-63.
United States Tax Court
T.C. Memo 1965-71; 1965 Tax Ct. Memo LEXIS 259; 24 T.C.M. (CCH) 370; T.C.M. (RIA) 65071;
March 30, 1965
Transferee liability. - Two motor carrier corporations, Truck and Freight, each received in 1952 an award from the Motor Carrier Claims Commission for use of its property by the Government in 1944-1945. Respondent determined a deficiency against each, and each filed a petition in the Tax Court. In 1957…
2Cases cited18 opinions
- West Texas Refining & D. Co. v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1933
- Stein v. CommissionerUnited States Tax Court · 1962
- Lowy v. CommissionerUnited States Tax Court · 1960
- Patterson v. SimsCourt of Appeals for the Fifth Circuit · 1960
- Olds & Whipple, Inc. v. United StatesUnited States Court of Claims · 1938
13 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Frank Sawyer Trust of May 1992 v. Commissioner of Internal RevenCourt of Appeals for the First Circuit · 2013