Legal Opinion
Commissioner of Internal Revenue v. Young Motor Company, Inc.
Court of Appeals for the First Circuit
Decided April 25, 1963No. 6063PublishedCited by 14 opinions
1Opinion of the Court
ALDRICH, Circuit Judge.
This is a petition to review a decision of the Tax Court in favor of the taxpayer rendered after we had reversed its earlier decision for the government and remanded for further proceedings. Young Motor Co. v. Commissioner, 1 Cir., 1960, 281 F.2d 488. The ultimate question is whether taxpayer is liable for a tax for the years 1950, 1951 and 1952, under section 102 of the 1939 Internal Revenue Code because it allowed its earnings and profits to accumulate for the purpose of preventing the imposition of surtax upon its shareholders. 1 Since practically all of our former…
2Cases cited11 opinions
- Helvering v. Chicago Stock Yards Co.Supreme Court of the United States · 1943
- Pelton Steel Casting Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1958
- Pelton Steel Casting Co. v. CommissionerUnited States Tax Court · 1957
- Webre Steib Co. v. CommissionerSupreme Court of the United States · 1945
- Rudolph v. United StatesSupreme Court of the United States · 1962
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- United States v. Felix Benitez RexachCourt of Appeals for the First Circuit · 1973
- United Aniline Company v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1963
- The Haverhill Gazette Company v. Union Leader Corporation, Union Leader Corporation v. The Haverhill Gazette CompanyCourt of Appeals for the First Circuit · 1964
- Patrick J. O'Shea v. United StatesCourt of Appeals for the First Circuit · 1974
- Sandy Estate Co. v. CommissionerUnited States Tax Court · 1964
9 more not listed; retrieve them via the Exa API.