Legal Opinion
The Cheyenne Newspapers, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided March 12, 1974No. 73-1585PublishedCited by 22 opinions
1Opinion of the Court
HILL, Circuit Judge.
This is an appeal by The Cheyenne Newspapers, Inc. (taxpayer) from a Tax Court decision sustaining the Commissioner’s determination of income tax deficiencies for 1965, 1966 and 1967 in the amounts of $32,109.68, $31,191.00 and $12,638.00, respectively.
The deficiencies resulted from the Commissioner’s imposition of an accumulated earnings tax, pursuant to § 531 of the Internal Revenue Code of 1954, 1 for each of the years in issue. The tax court found taxpayer had permitted its earnings and profits to accumulate beyond the reasonable needs of its business 2 and that it was…
2Cases cited6 opinions
- Henry Van Hummell, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1966
- Sterling Distributors, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1963
- Electric Regulator Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
- Phillip B. Hardin v. United States of America, Hardin's Bakeries Corporation v. United States of America, (Two Cases)Court of Appeals for the Fifth Circuit · 1972
- Oklahoma Press Publishing Company v. United StatesCourt of Appeals for the Tenth Circuit · 1971
1 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Ivan Allen Co. v. United StatesSupreme Court of the United States · 1975
- Atlas Tool Co., Inc. v. Commissioner of Internal Revenue, (Tax Court Docket No. 7633-74). Atlas Tool Co., Inc., Successor to Fletcher Plastics, Inc. v. Commissioner of Internal Revenue, (Tax Court Docket No. 7634-74). Stephan Schaffan and Mildred Schaffan v. Commissioner of Internal Revenue, (Tax Court Docket No. 7635-74). Appeal of Atlas Tool Co., Inc., Atlas Tool Co., Inc., Successor to Fletcher Plastics, Inc., Stephan Schaffan and Mildred Schaffan, Atlas Tool Co., Inc. v. Commissioner of Internal Revenue, (Tax Court Docket No. 7633-74). Atlas Tool Co., Inc., Successor to Fletcher Plastics, Inc. v. Commissioner of Internal Revenue, (Tax Court Docket No. 7634-74). Stephan Schaffan and Mildred Schaffan v. Commissioner of Internal Revenue, (Tax Court Docket No. 7635-74). Appeal of Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1980
- J.H. Rutter Rex Mfg. Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1988
- Central Motor Co. v. United StatesCourt of Appeals for the Tenth Circuit · 1978
- Hughes, Inc. v. CommissionerUnited States Tax Court · 1988
17 more not listed; retrieve them via the Exa API.