Legal Opinion
Bringwald, Inc. v. The United States
United States Court of Claims
Decided October 16, 1964No. 136-61PublishedCited by 6 opinions
1Opinion of the Court
JONES, Senior Judge. 1
This is an action to recover $15,729.58 as alleged overpayment of Federal income tax and interest for the years 1953-1955. The principal issue in this case concerns the reasonableness of salaries paid a husband and wife who were the officers and virtually sole stockholders of the corporate taxpayer.
The taxpayer is a small truck-leasing company in Terre Haute, Indiana. At all times material here, it had one class of stock of which 254 of the 256 outstanding shares were owned by Leo and Mildred Bringwald, husband and wife. The other two shares were owned by Leo’s parents.…
2Cases cited10 opinions
- Burford-Toothaker Tractor Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1951
- Irby Construction Company v. United StatesUnited States Court of Claims · 1961
- Ticket Office Equipment Co. v. CommissionerUnited States Tax Court · 1953
- J. H. Robinson Truck Lines, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1950
- Gem Jewelry Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1948
5 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Jones Brothers Bakery, Inc. v. The United StatesUnited States Court of Claims · 1969
- Boyd Construction Company, Inc. v. The United StatesUnited States Court of Claims · 1964
- Willett v. United StatesUnited States Court of Claims · 1969
- Charles McCandless Tile Service v. The United StatesUnited States Court of Claims · 1970
- Jones Brothers Bakery, Inc. v. The United StatesUnited States Court of Claims · 1969
1 more not listed; retrieve them via the Exa API.