Legal Opinion
Gold Kist, Inc. v. Comr. of IRS
Court of Appeals for the Eleventh Circuit
Decided April 21, 1997No. 96-8257PublishedCited by 6 opinions
1Per curiam
Gold Kist, Inc. (“Gold Kist”) is a nonexempt farmers cooperative taxable under Sub-chapter T of the Internal Revenue Code, 26 U.S.C. §§ 1381-88 (1986). The Internal Revenue Service (“IRS”) determined that Gold Kist’s income taxes for three tax years were deficient because Gold Kist did not include in its gross income the difference between the stated value of qualified written notices of allocation and the discounted value paid to patrons who terminated their membership in the cooperative.
Gold Kist petitioned the United States Tax Court for a redetermination of the deficiencies. The Tax…
2Cases cited3 opinions
- Hillsboro National Bank v. CommissionerSupreme Court of the United States · 1983
- Atlanta Athletic Club v. Commissioner of Internal Revenue ServiceCourt of Appeals for the Eleventh Circuit · 1993
- Gold Kist v. CommissionerUnited States Tax Court · 1995
3Cited by6 opinions
- Great Rivers Cooperative Of Southeastern Iowa v. Farmland Industries, Inc.Court of Appeals for the Eighth Circuit · 1999
- Williams Farms of Homestead, Inc. v. Rain & Hail Insurance ServicesCourt of Appeals for the Eleventh Circuit · 1997
- Great Rivers Cooperative v. Farmland Industries, Inc.Court of Appeals for the Eighth Circuit · 1999
- Carl J. Fabry v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 2000
- Carl J. Fabry v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 2000
1 more not listed; retrieve them via the Exa API.