Legal Opinion
Bowman v. Glenn
District Court, W.D. Kentucky
Decided May 20, 1949No. 1491PublishedCited by 7 opinions
1Opinion of the Court
SHELBOURNE, Chief Judge.
The question for decision in this case is thus expressed by the plaintiff—
“Did Congress intend, in the use of the words ‘Corporation’ and ‘Taxpayer’, as appearing in Section 710 of the Internal Revenue Code, 26 U.S.C.A. § 710, to exclude corporations in process of liquidation.”
As expressed by defendant, the question for decision is—
“Whether a corporation which remains in the process of liquidation over a period of years, while apparently carrying on no business activity, may continue each year to carry back a large excess profits tax credit, determined on the net…
2Cases cited8 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. TowerSupreme Court of the United States · 1946
- Higgins v. SmithSupreme Court of the United States · 1940
- United States v. IshamSupreme Court of the United States · 1873
- Weir Long Leaf Lumber Co. v. CommissionerUnited States Tax Court · 1947
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- A B C Brewing Corporation (Formerly Aztec Brewing Co.), a Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
- Wheeler Insulated Wire Co. v. CommissionerUnited States Tax Court · 1954
- Eastern Grain Elevator Corp. v. McGowanDistrict Court, W.D. New York · 1950
- Justice Motor Corp. v. McGowanDistrict Court, W.D. New York · 1951
- American Well & Prospecting Company v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1956
2 more not listed; retrieve them via the Exa API.