Legal Opinion
General Signal Corporation, and Subsidiaries v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided April 24, 1998No. Docket 97-4018PublishedCited by 9 opinions
1Opinion of the Court
OAKES, Senior Circuit Judge:
General Signal Corporation (“General Signal”) calculated its tax deductions for 1986 and 1987 based in part on contributions it made to a voluntary employees’ beneficiary association (“VEBA”), a funded welfare bene fit plan (“fund”) through which it provided benefits to its employees. The VEBA is a tax-exempt entity under I.R.C. § 501(c)(9). Sections 419 and 419A of the Tax Code outline the treatment of such funds for taxation purposes. See 26 U.S.C. §§ 419, 419A (1994). Certain contributions to such funds may be deducted from taxable income; § 419A(c)(2) provides…
2Cases cited9 opinions
- Auer v. RobbinsSupreme Court of the United States · 1997
- Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
- Tax Analysts v. Internal Revenue ServiceCourt of Appeals for the D.C. Circuit · 1997
- Heublein, Inc. And Subsidiaries v. United StatesCourt of Appeals for the Second Circuit · 1993
- Robert Demartino, Appellant-Cross-Appellee v. Commissioner of Internal Revenue, Appellee-Cross-AppellantCourt of Appeals for the Second Circuit · 1988
4 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Wells Fargo & Co. v. Comm'rUnited States Tax Court · 2003
- CNG Transmission Management Veba v. United StatesUnited States Court of Federal Claims · 2008
- Gray v. CommissionerUnited States Tax Court · 2013
- Northrop Corp. Employee Insurance Benefit Plans Master Trust v. United StatesUnited States Court of Federal Claims · 2011
- Carol Diane Gray v. CommissionerUnited States Tax Court · 2013
4 more not listed; retrieve them via the Exa API.