Legal Opinion
American Foundry, a Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided April 23, 1976No. 74-1245PublishedCited by 38 opinions
1Opinion of the Court
ALFRED T. GOODWIN, Circuit Judge:
Corporate and individual taxpayers appeal three Tax Court judgments which sustained deficiency determinations of the Commissioner. The Tax Court decisions are reported at 59 T.C. 231 (1972). We affirm in part and reverse in part.
Taxpayers are American Foundry, a close corporation; Dominic Meaglia, the corporation’s founder, a majority stockholder, and ex-president; and Katie Meaglia, Dominic’s wife.
American Foundry made payments to Dominic, or on his behalf, and to Dominic’s daughter, Jean Meaglia Shives, a minority stockholder and officer. The Commissioner…
2Cases cited6 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Michael L. Rockwell, and Regina Rockwell v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
- Estate of E. W. Chism, Deceased, Clara Chism, and Clara Chism v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- American Foundry v. CommissionerUnited States Tax Court · 1972
- Alan B. Larkin v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1968
1 more not listed; retrieve them via the Exa API.
3Cited by38 opinions
- Elliotts, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Stewart and Lillian Caplin v. United StatesCourt of Appeals for the Second Circuit · 1983
- Gordon v. CommissionerUnited States Tax Court · 1987
- Parkside, Inc. And Beaconcrest, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1977
- United States v. William Nelson DavisCourt of Appeals for the Ninth Circuit · 2003
33 more not listed; retrieve them via the Exa API.