Legal Opinion
Friedman v. Commissioner
Court of Appeals for the Ninth Circuit
Decided September 4, 1980No. Nos. 78-2016 to 78-2018PublishedCited by 2 opinions
1Opinion of the Court
FARRIS, Circuit Judge:
Friedman and Jobusch Architects and Engineers, Inc. and Bernard and Irma Friedman, individually, and Fred and Josephine Jobusch, individually, appeal from a decision by the United States Tax Court disqualifying from tax exempt status under I.R.C. § 501(a) a stock bonus trust created by the corporation. We affirm.
Petitioners Bernard Friedman and Fred Jobusch were principal shareholders and officers of petitioner corporation. In 1967 the corporation created a stock bonus plan intended to afford its employees a means of acquiring an ownership interest in the corporation.…
2Cases cited3 opinions
- Cornell-Young Company v. United States of America, MacOn Prestressed Concrete Company v. United StatesCourt of Appeals for the Fifth Circuit · 1972
- Rufus Alonzo Thomason v. John H. KlingerCourt of Appeals for the Ninth Circuit · 1965
- Marbelite Corp. of America v. CommissionerCourt of Appeals for the Ninth Circuit · 1935
3Cited by2 opinions
- Eleanor L. Fitzgerald v. Century Park, Inc., an Oregon CorporationCourt of Appeals for the Ninth Circuit · 1981
- Friedman And Jobusch, Architects And Engineers v. Commissioner Of Internal RevenueCourt of Appeals for the Ninth Circuit · 1980