Legal Opinion
Schenuit Rubber Company v. United States
District Court, D. Maryland
Decided October 23, 1968No. Civ. 17579PublishedCited by 10 opinions
1Opinion of the Court
THOMSEN, Chief Judge.
In this action, tried before the Court without a jury, plaintiff (taxpayer) seeks recovery of accumulated earnings taxes 1 and interest thereon, assessed against and paid by it for its taxable years ended April 30, 1961 ($339,602.23) and April 30, 1962 ($300,526.39). The ultimate question to be decided is whether taxpayer was availed of during either or both of those years for the purpose of avoiding income tax with respect to its stockholders by permitting earnings and profits to accumulate instead of being distributed. The principal subsidiary issues are: (I) whether in…
2Cases cited26 opinions
- The Smoot Sand & Gravel Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1960
- Dixie, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- The Smoot Sand & Gravel Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1957
- American Metal Products Corporation v. Commissioner of Internal Revenue, Adler Metal Products Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1961
- J. L. Goodman Furniture Co. v. CommissionerUnited States Tax Court · 1948
21 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Central Motor Co. v. United StatesCourt of Appeals for the Tenth Circuit · 1978
- Snow Mfg. Co. v. CommissionerUnited States Tax Court · 1986
- Simons-Eastern Company v. United StatesDistrict Court, N.D. Georgia · 1972
- UNITED STEELWORKERS OF AMERICA, ETC. v. DaltonDistrict Court, E.D. Virginia · 1982
- Firstco, Inc. v. United StatesDistrict Court, S.D. Mississippi · 1977
5 more not listed; retrieve them via the Exa API.