Advance International, Inc. v. Commissioner
United States Tax Court
Held, amounts transferred by DISC to its parent treated as actual distributions.
1Opinion of the Court
Advance International, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent; Advance Machine Co., Petitioner v. Commissioner of Internal Revenue, Respondent
Advance International, Inc. v. Commissioner
Docket Nos. 7749-87, 7750-87
United States Tax Court
91 T.C. 445; 1988 U.S. Tax Ct. LEXIS 140; 91 T.C. No. 34;
September 6, 1988. September 6, 1988, Filed
Decision will be entered under Rule 155.
Held, amounts transferred by DISC to its parent treated as actual distributions.
Alan W. Granwell and Michael Quigley, for the petitioners.
Beth L. Williams, for the respondent.
Whitaker, Judge.
WHITAKE…
2Cases cited9 opinions
- Cwt Farms, Inc. And Cwt International, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 1985
- Haber v. CommissionerUnited States Tax Court · 1969
- Jack Haber and Doris Haber v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1970
- CWT Farms, Inc. v. CommissionerUnited States Tax Court · 1982
- Pierce v. CommissionerUnited States Tax Court · 1974
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