Legal Opinion
Commissioner of Internal Revenue v. Moline Properties, Inc.
Court of Appeals for the Fifth Circuit
Decided November 7, 1942No. 10279PublishedCited by 25 opinions
1Opinion of the Court
McCORD, Circuit Judge.
The petition involves income and excess-profits taxes for the years 1935 and 1936, and a delinquency penalty for the year 1936. The facts are stated in detail by the Board of Tax Appeals in its reported opinion, Moline Properties, Inc., v. Commissioner of Internal Revenue, 45 B.T.A. 647.
The respondent, Moline Properties, Inc., was organized in 1928, and at all times Uly O. Thompson has been its president and sole stockholder, with the exception of holders of qualifying shares. The corporation was organized at the suggestion of Thompson’s creditors as a means of…
2Cases cited6 opinions
- Higgins v. SmithSupreme Court of the United States · 1940
- Watson v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1942
- Planters' Cotton Oil Co. v. HopkinsCourt of Appeals for the Fifth Circuit · 1931
- Interstate Transit Lines v. Commissioner of Int. Rev.Court of Appeals for the Eighth Circuit · 1942
- Bancker v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1935
1 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Northern Ind. Pub. Serv. Co. v. CommissionerUnited States Tax Court · 1995
- Fuller A. Kimbrell and Reba Kimbrell v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1967
- Shannon v. CommissionerUnited States Tax Court · 1958
- United States v. Burrows Bros.Court of Appeals for the Sixth Circuit · 1943
20 more not listed; retrieve them via the Exa API.