Legal Opinion
Ingle Coal Corp. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided May 11, 1949No. 9764PublishedCited by 54 opinions
1Opinion of the Court
DUFFY, Circuit Judge.
The petitioner seeks a review of a decision of the Tax Court involving excess profits tax liability for the period from July 1, 1942, to December 31, 1942, and for the calendar year 1943.
The Ingle Coal Company was a closely held family corporation, all of whose 2000 shares of stock outstanding were owned on June 30, 1942, by members of the Ingle family consisting of two brothers, two sisters, and the children of the brothers. The two brothers were the officers and they and the two sisters comprised the board of directors. The business of the company was mining coal, on…
2Cases cited11 opinions
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Higgins v. SmithSupreme Court of the United States · 1940
- Wichita Term. El. Co. v. Commissioner of Int. R.Court of Appeals for the Tenth Circuit · 1947
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
6 more not listed; retrieve them via the Exa API.
3Cited by54 opinions
- White v. Fitzpatrick, Collector of Internal RevenueCourt of Appeals for the Second Circuit · 1951
- B. Forman Co. v. CommissionerCourt of Appeals for the Second Circuit · 1972
- Felix v. CommissionerUnited States Tax Court · 1954
- Van Zandt v. CommissionerUnited States Tax Court · 1963
- 58th St. Plaza Theatre, Inc. v. Commissioner of Internal Revenue. Brecher v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1952
49 more not listed; retrieve them via the Exa API.