E. R. Wagner Mfg. Co. v. Commissioner
United States Tax Court
Profit-Sharing Plan -- Exempt Trust -- Deduction for Contribution -- Reduction of Percentage Shared -- Section 23 (p) (1) (C) -- Section 165 (a). -- Exemption of trust and employer's right to deduction for annual contributions continued despite reduction in percentage of profits to be shared through contributions.
1Opinion of the Court
E. R. Wagner Manufacturing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
E. R. Wagner Mfg. Co. v. Commissioner
Docket No. 28488
United States Tax Court
18 T.C. 657; 1952 U.S. Tax Ct. LEXIS 155;
June 25, 1952, Promulgated
Decision will be entered under Rule 50.
Profit-Sharing Plan -- Exempt Trust -- Deduction for Contribution -- Reduction of Percentage Shared -- Section 23 (p) (1) (C) -- Section 165 (a). -- Exemption of trust and employer's right to deduction for annual contributions continued despite reduction in percentage of profits to be shared through contributions.
Frederic…
2Cases cited3 opinions
- Lincoln Electric Co. Employees' Profit-Sharing Trust v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1951
- Lincoln Electric Co. Employees' Profit-Sharing Trust v. CommissionerUnited States Tax Court · 1950
- E. R. Wagner Mfg. Co. v. CommissionerUnited States Tax Court · 1952