Legal Opinion
W. Braun Co., Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided June 13, 1968No. 304, Docket 31788PublishedCited by 24 opinions
1Opinion of the Court
MOORE, Circuit Judge:
This case was brought to contest an asserted deficiency of $8,665.98 in the income tax return of W. Braun Co., Inc., petitioner-appellant, for the fiscal year ended February 29, 1960. The deficiency arose because the Commissioner, acting pursuant to 26 U.S.C. § 482, 1 attributed to the petitioner all the taxable income of Braunware Products Co., Inc., a corporation wholly-owned by petitioner.
Three corporations are involved. Both the ownership interest therein and the chronology of events are important in deciding the proper tax consequences of the facts hereinafter set…
2Cases cited17 opinions
- Commissioner of Internal Revenue v. Chelsea Products, IncCourt of Appeals for the Third Circuit · 1952
- Asiatic Petroleum Co. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1935
- Shaw Construction Company v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Eli Lilly & Co. v. United StatesUnited States Court of Claims · 1967
- James Realty Company, a Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1960
12 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Keller v. CommissionerUnited States Tax Court · 1981
- Bausch & Lomb, Inc. v. CommissionerUnited States Tax Court · 1989
- B. Forman Co. v. CommissionerCourt of Appeals for the Second Circuit · 1972
- Marc's Big Boy-Prospect, Inc. v. CommissionerUnited States Tax Court · 1969
- Baldwin-Lima-Hamilton Corporation, a Corporation of Delaware v. United StatesCourt of Appeals for the Seventh Circuit · 1970
19 more not listed; retrieve them via the Exa API.