Legal Opinion
Stanley Securities Co. v. United States
United States Court of Claims
Decided March 3, 1930No. H-446PublishedCited by 5 opinions
1Opinion of the Court
WILLIAMS, Judge.
The plaintiff in this suit seeks to recover $9,897, capital stock taxes, with interest thereon, assessed against it for the taxable fiscal years of 1924-25 and 1925-26.
The sole question to be determined is whether or not the plaintiff during the years in' question was a corporation “carrying on or doing business” within the meaning of section 700 of the Revenue Act of 1924, 43 Stat. 325 (26 USCA § 223 note), which reads as follows:
“(a) On and after July 1, 1924, in lieu of the tax imposed by section 1000 of the Revenue Act of 1921—
“(1) Every domestic corporation shall pay…
2Cases cited4 opinions
- Flint v. Stone Tracy Co.Supreme Court of the United States · 1911
- Von Baumbach v. Sargent Land Co.Supreme Court of the United States · 1917
- Edwards v. Chile Copper Co.Supreme Court of the United States · 1926
- Edgar Estates Corp. v. United StatesUnited States Court of Claims · 1928
3Cited by5 opinions
- United States v. Atlantic Coast Line Co.Court of Appeals for the Fourth Circuit · 1938
- Lyon Lumber Co. v. HarrisonCourt of Appeals for the Seventh Circuit · 1940
- Brooklyn Trust Co. v. Commissioner of Internal Rev.Court of Appeals for the Second Circuit · 1936
- Mt. Hebron Corp. v. United StatesUnited States Court of Claims · 1943
- Brooklyn Trust Co. v. Commissioner of Internal Rev.Court of Appeals for the Second Circuit · 1936