Wootan v. Commissioner
United States Tax Court
1. Broadway Drug, Inc. was incorporated in Arkansas in 1937. Petitioner acquired the corporate charter in 1938. The corporate organization was not perfected. During the years 1939-1946, petitioner carried on a business under the name of Broadway Drug, Inc. The business was owned and controlled solely by petitioner.
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1. Broadway Drug, Inc. was incorporated in Arkansas in 1937. Petitioner acquired the corporate charter in 1938. The corporate organization was not perfected. During the years 1939-1946, petitioner carried on a business under the name of Broadway Drug, Inc. The business was owned and controlled solely by petitioner. Corporate income tax returns were filed for Broadway Drug, Inc. for the years 1939-1946. The corporate charter of Broadway Drug, Inc. was revoked on April 9, 1941 by the state of incorporation. The returns which were filed for the years 1939, 1940, and 1941 were the returns…
1Opinion of the Court
Ralph G. Wootan et al. 1 v. Commissioner.
Wootan v. Commissioner
Docket Nos. 35605-35608.
United States Tax Court
T.C. Memo 1955-191; 1955 Tax Ct. Memo LEXIS 163; 14 T.C.M. (CCH) 750; T.C.M. (RIA) 55191;
June 30, 1955
1. Broadway Drug, Inc. was incorporated in Arkansas in 1937. Petitioner acquired the corporate charter in 1938. The corporate organization was not perfected. During the years 1939-1946, petitioner carried on a business under the name of Broadway Drug, Inc. The business was owned and controlled solely by petitioner. Corporate income tax returns were filed for Broadway Drug, Inc. for…
2Cases cited7 opinions
- Morrissey v. CommissionerSupreme Court of the United States · 1935
- Halle v. CommissionerUnited States Tax Court · 1946
- Rogers v. CommissionerUnited States Board of Tax Appeals · 1938
- Kellett v. CommissionerUnited States Tax Court · 1945
- Consolidated Apparel Co. v. CommissionerUnited States Tax Court · 1952
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Dickey v. CommissionerUnited States Tax Court · 1982
- Garriss Inv. Corp. v. CommissionerUnited States Tax Court · 1982