Beck Chemical Equipment Corp. v. Commissioner
United States Tax Court
In January 1942, petitioner corporation entered into an oral agreement with Beattie Manufacturing Company for the manufacture and sale of flame throwers, a war device, to the United States Government under the terms of which petitioner agreed to and did make available to the common enterprise an invention (for which application for patent was pending) for fabricating such flame throwers, and also the engineering services of Beck, the inventor, its principal shareholder.
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In January 1942, petitioner corporation entered into an oral agreement with Beattie Manufacturing Company for the manufacture and sale of flame throwers, a war device, to the United States Government under the terms of which petitioner agreed to and did make available to the common enterprise an invention (for which application for patent was pending) for fabricating such flame throwers, and also the engineering services of Beck, the inventor, its principal shareholder. Beattie agreed to and did furnish all production facilities, financing, and sales functions to exploit the flame thrower.…
1Opinion of the Court
Beck Chemical Equipment Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent
Beck Chemical Equipment Corp. v. Commissioner
Docket No. 53289
United States Tax Court
27 T.C. 840; 1957 U.S. Tax Ct. LEXIS 255;
February 26, 1957, Filed
Decision will be entered under Rule 50.
In January 1942, petitioner corporation entered into an oral agreement with Beattie Manufacturing Company for the manufacture and sale of flame throwers, a war device, to the United States Government under the terms of which petitioner agreed to and did make available to the common enterprise an invention (for…
2Cases cited30 opinions
- Commissioner v. CulbertsonSupreme Court of the United States · 1949
- Commissioner v. TowerSupreme Court of the United States · 1946
- Commissioner v. Lane-Wells Co.Supreme Court of the United States · 1944
- Heiner v. MellonSupreme Court of the United States · 1938
- Beck Chemical Equipment Corp. v. CommissionerUnited States Tax Court · 1957
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