Legal Opinion
Edwin L. Wiegand Co. v. United States
United States Court of Claims
Decided May 7, 1945No. 45664PublishedCited by 8 opinions
1Opinion of the Court
LITTLETON, Judge.
The question presented in this case is whether under the provisions of sec. 22 of the Revenue Act of 1936, 49 Stat. 1648, 1657, 26 U.S.C.A. Int.Rev.Acts, page 825, continued unchanged in all subsequent taxing acts and in Regulations 94, art. 22(a)-16, first adopted and promulgated May 2, 1934 in T.D. 4430 (XIII-1 C.B. 36), a gain of $2,100 derived by a corporation on the transfer or sale by it for $3,600 of certain shares of its own stock (not as an original issue) which it had previously acquired or purchased at $1,500, should be regarded as taxable income, or whether such a…
2Cases cited17 opinions
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- Helvering v. Wilshire Oil Co.Supreme Court of the United States · 1939
- Helvering v. ReynoldsSupreme Court of the United States · 1941
- American Chicle Co. v. United StatesSupreme Court of the United States · 1942
- Commissioner of Internal Revenue v. SA Woods MacH. Co.Court of Appeals for the First Circuit · 1932
12 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Commissioner of Internal Revenue v. Landers CorpCourt of Appeals for the Sixth Circuit · 1954
- Commissioner of Internal Revenue v. H. W. Porter & Co., Inc.Court of Appeals for the Third Circuit · 1951
- General Electric Company v. The United StatesUnited States Court of Claims · 1962
- Anderson, Clayton & Co. v. United StatesUnited States Court of Claims · 1954
- Penn-Texas Corporation (Formerly Colt's Manufacturing Company) v. The United StatesUnited States Court of Claims · 1962
3 more not listed; retrieve them via the Exa API.