Legal Opinion
Commissioner of Internal Revenue v. Lake Forest, Inc.
Court of Appeals for the Fourth Circuit
Decided June 26, 1962No. 8542PublishedCited by 20 opinions
1Opinion of the Court
ALBERT V. BRYAN, Circuit Judge.
“Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare” are exempt from Federal income taxes. 1 Lake Forest, Inc., the Tax Court held, is such an organization. Thus defeated in his claim for taxes in the years 1948 to 1956, the Commissioner of Inter nal Revenue appeals. The taxpayer operated low-cost housing units — formerly a Government defense housing project — in Wilmington, North Carolina.
We find Lake Forest, Inc., however, is not “civic”, but simply a private cooperative organization; its…
2Cases cited13 opinions
- Better Business Bureau of Washington, D. C., Inc. v. United StatesSupreme Court of the United States · 1946
- Debs Memorial Radio Fund v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1945
- United States v. Pickwick Electric Membership Corp.Court of Appeals for the Sixth Circuit · 1946
- Consumer-Farmer Milk Cooperative, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1950
- Garden Homes Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1933
8 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Stewart v. District of Columbia Board of Zoning AdjustmentDistrict of Columbia Court of Appeals · 1973
- People's Educational Camp Society, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
- Water Quality Association Employees' Benefit Corporation v. United StatesCourt of Appeals for the Seventh Circuit · 1986
- Contracting Plumbers Cooperative Restoration Corporation v. United StatesCourt of Appeals for the Second Circuit · 1974
- The Erie Endowment v. United StatesCourt of Appeals for the Third Circuit · 1963
15 more not listed; retrieve them via the Exa API.