Legal Opinion
Bowe-Burke Mining Co. v. Willcuts
District Court, D. Minnesota
Decided July 18, 1927PublishedCited by 2 opinions
1Opinion of the Court
CANT, District Judge.
The questions for consideration in this ease are:(a) Whether, for the year 1917, it was proper to consolidate the plaintiff corporations for income tax purposes.(b) Whether the plaintiff Mining Company during the year 1917, was a corporation having no invested capital, or not moré than, a nominal capital, within the meaning of the provisions of section 209, Revenue Act of 1917 (40 Stat. 300, c. 63 [Comp. St. 6336⅜j]).
1. To justify consolidation for the purposes here in question, it is necessary that one corporation should have been a subsidiary of the other, with close…
2Cases cited5 opinions
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- LaBelle Iron Works v. United StatesSupreme Court of the United States · 1921
- Lynch v. Alworth-Stephens Co.Supreme Court of the United States · 1925
- Cotton Hotel Co. v. BassDistrict Court, W.D. Texas · 1925
- Capewell Horse Nail Co. v. WalshDistrict Court, D. Connecticut · 1924
3Cited by2 opinions
- Nowland Realty Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1931
- Bowe-Burke Mining Co. v. WillcutsDistrict Court, D. Minnesota · 1930