Legal Opinion
Sterling Distributors, Inc. v. United States
Court of Appeals for the Fifth Circuit
Decided February 13, 1963No. 19393PublishedCited by 33 opinions
1Opinion of the Court
JONES, Circuit Judge.
An accumulated earnings tax was imposed against the appellant, Sterling Dis tributors, Inc., under the provisions of Sections 531-537 of the Internal Revenue Code of 1954. A deficiency having been assessed and paid for the years. 1957 and 1958, the taxpayer sued for a refund. The district court found for the taxpayer as to the 1957 tax and for the Government as to the 1958 tax. On this appeal we decide whether the district court was in error in sustaining the Commissioner’s determination that the taxpayer accumulated earnings in 1958 for the purpose of avoiding income tax…
2Cases cited9 opinions
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- The Smoot Sand & Gravel Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1960
- Dixie, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1960
- United Business Corporation v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1933
- F. E. Watkins Motor Co. v. CommissionerUnited States Tax Court · 1958
4 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Faber Cement Block Co. v. CommissionerUnited States Tax Court · 1968
- John P. Scripps Newspapers v. CommissionerUnited States Tax Court · 1965
- Zalkind v. ScheinmanCourt of Appeals for the Second Circuit · 1943
- Bremerton Sun Publishing Co. v. CommissionerUnited States Tax Court · 1965
- Magic Mart, Inc. v. CommissionerUnited States Tax Court · 1969
28 more not listed; retrieve them via the Exa API.