Legal Opinion
World Pub. Co. v. United States
Court of Appeals for the Tenth Circuit
Decided July 15, 1948No. 3571PublishedCited by 37 opinions
1Opinion of the Court
HUXMAN, Circuit Judge.
Section 102 (a) of the Internal Revenue Code, 26 U.S.C.A.Int.Rev.Code, § 102 (a), imposes an additional tax upon a corporation formed or availed of for the purpose of preventing the imposition of the surtax upon its shareholders or the shareholders of any other corporation through the medium of permitting earnings or profits to accumulate instead of being divided or distributed; and Section 102 (c), 26 U.S.C.A.Int.Rev. Code, § 102(c), provides that the fact that earnings or profits of a corporation are permitted to accumulate beyond the reasonable needs of the business…
2Cases cited19 opinions
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Helvering v. Chicago Stock Yards Co.Supreme Court of the United States · 1943
- United Business Corporation v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1933
- United Business Corp. of Am. v. CommissionerUnited States Board of Tax Appeals · 1930
- Dill Mfg. Co. v. CommissionerUnited States Board of Tax Appeals · 1939
14 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- United States v. Donruss Co.Supreme Court of the United States · 1969
- Dixie, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- Pelton Steel Casting Co. v. CommissionerUnited States Tax Court · 1957
- Barrow Manufacturing Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1961
- Magic Mart, Inc. v. CommissionerUnited States Tax Court · 1969
32 more not listed; retrieve them via the Exa API.