Legal Opinion
Pomeroy Cooperative Grain Company v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided March 20, 1961No. 16517PublishedCited by 37 opinions
1Opinion of the Court
VAN OOSTERHOUT, Circuit Judge.
Taxpayer, a nonexempt farmers’ cooperative corporation, incorporated under Chapter 499, Iowa Code Ann., has filed a timely petition to review the decision of the Tax Court (opinion 31 T.C. 674) determining deficiencies in income tax for the fiscal years ending June 30, 1953, 1954 and 1955.
The deficiencies resulted from a determination that patronage dividends for the taxable years to the extent they were allocated out of savings and income from certain grain storage business were not excludable from taxpayer’s gross income. Storage profits included in the…
2Cases cited7 opinions
- Automobile Club of Mich. v. CommissionerSupreme Court of the United States · 1957
- Helvering v. New York Trust Co.Supreme Court of the United States · 1934
- Farmers Cooperative Co. v. BirminghamDistrict Court, N.D. Iowa · 1949
- Pomeroy Coop. Grain Co. v. CommissionerUnited States Tax Court · 1958
- Estate of Carl J. Guenzel, Deceased, Ernest Usher Guenzel and Carl Stanley Guenzel, Executors v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1958
2 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- International Business MacHines Corporation v. The United StatesUnited States Court of Claims · 1965
- United States v. Mississippi Chemical CompanyCourt of Appeals for the Fifth Circuit · 1964
- St. Louis Bank for Cooperatives v. United StatesUnited States Court of Claims · 1980
- Puget Sound Plywood, Inc. v. CommissionerUnited States Tax Court · 1965
- Associated Milk Producers, Inc. v. CommissionerUnited States Tax Court · 1977
32 more not listed; retrieve them via the Exa API.