Legal Opinion
Braicks v. Henricksen
District Court, W.D. Washington
Decided February 14, 1942No. 189PublishedCited by 8 opinions
1Opinion of the Court
SCHWELLENBACH, District Judge.
In September, 1937, the directors of Pommerelle Company, Inc. (hereafter called the Old Company), concluded that the stated value of its capital stock was too low and that the corporation was paying excess profits taxes in an amount larger than the company’s situation required. For the sole purpose of attempting to correct this situation and on the advice of the corporation’s tax counsel, the following plan was devised and effectuated: (1) Proceedings were instituted for the liquidation of the Old Company. (2) All of the assets of the Old Company were transferred…
2Cases cited27 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Pinellas Ice & Cold Storage Co. v. CommissionerSupreme Court of the United States · 1933
- United States v. IshamSupreme Court of the United States · 1873
- Minnesota Tea Co. v. HelveringSupreme Court of the United States · 1938
- Helvering v. Alabama Asphaltic Limestone Co.Supreme Court of the United States · 1942
22 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- William Liddon v. Commissioner of Internal Revenue, Maria Prothro Liddon v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
- Gravois Planing Mill Company, Charles A. And Florence Beckemeier v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- United States v. Arcade Co.Court of Appeals for the Sixth Circuit · 1953
- Commissioner of Internal Revenue v. Wayne Coal Mining Co. Commissioner of Internal Revenue v. Hillman Coal & Coke CoCourt of Appeals for the Third Circuit · 1954
- Piersall v. WinterDistrict Court, District of Columbia · 2007
3 more not listed; retrieve them via the Exa API.