Legal Opinion
Thomas E. Snyder Sons Co. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided March 17, 1961No. 13159_1PublishedCited by 55 opinions
1Opinion of the Court
MAJOR, Circuit Judge.
This is a petition for review of a decision of the Tax Court of the United States, sustaining deficiencies in income tax for the fiscal years ending February 28, 1954,1955, and 1956, assessed against petitioner by respondent. Petitioner was organized on March 3, 1949, as Great American Farm Implement Corporation. At the time of its incorporation, 1795 shares of stock were issued, of which Benjamin A. Snyder and his brother, Warren P. Snyder, each acquired 625 shares, for which they respectively paid 162,500. In 1941, Thomas E. Snyder Sons Company (called “Old Snyder”) was…
2Cases cited10 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Chesapeake & Ohio Railway Co. v. MartinSupreme Court of the United States · 1931
- Libson Shops, Inc., v. Koehler, District Director of Internal RevenueSupreme Court of the United States · 1957
- American Pipe & Steel Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1957
- Mill Ridge Coal Company v. George D. Patterson, District Director of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
5 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- Ach v. CommissionerUnited States Tax Court · 1964
- Bobsee Corporation v. United StatesCourt of Appeals for the Fifth Circuit · 1969
- Albert Schoenberg v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- Bush Hog Mfg. Co. v. CommissionerUnited States Tax Court · 1964
- Urban Redevelopment Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1961
50 more not listed; retrieve them via the Exa API.