Debs Memorial Radio Fund, Inc. v. Commissioner
United States Tax Court
1. A New York stock corporation, the successor of an unincorporated association organized as a memorial and operating a radio as a free public forum for the dissemination of liberal and progressive social views, but organized as a business corporation with wide business purposes and actually operating a commercial business in a competitive field, the income of which was used in part to pay interest on loans, which loans were payable out of surplus, and the profits of which…
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1. A New York stock corporation, the successor of an unincorporated association organized as a memorial and operating a radio as a free public forum for the dissemination of liberal and progressive social views, but organized as a business corporation with wide business purposes and actually operating a commercial business in a competitive field, the income of which was used in part to pay interest on loans, which loans were payable out of surplus, and the profits of which were used and destined to support its commercial as well as welfare functions, is not tax exempt as a civic organization…
1Opinion of the Court
Debs Memorial Radio Fund, Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Debs Memorial Radio Fund, Inc. v. Commissioner
Docket No. 576
United States Tax Court
3 T.C. 949; 1944 U.S. Tax Ct. LEXIS 109;
June 5, 1944, Promulgated
Decision will be entered for the respondent.
1. A New York stock corporation, the successor of an unincorporated association organized as a memorial and operating a radio as a free public forum for the dissemination of liberal and progressive social views, but organized as a business corporation with wide business purposes and actually operating a commercial…
Also in this document: Dissent.
2Cases cited4 opinions
- Trinidad v. Sagrada Orden De Predicadores De La Provincia Del Santisimo Rosario De FilipinasSupreme Court of the United States · 1924
- Anderson Country Club, Inc. v. CommissionerUnited States Tax Court · 1943
- Debs Memorial Radio Fund, Inc. v. CommissionerUnited States Tax Court · 1944
- Associated Music Publishers, Inc. v. Debs Memorial Radio Fund, Inc.District Court, S.D. New York · 1942