Legal Opinion
Farmers Cooperative Company (Successor-In-Name to Farmers Co-Op Oil Company) v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided July 1, 1987No. 86-1831PublishedCited by 2 opinions
1Opinion of the Court
HEANEY, Circuit Judge.
Farmers Cooperative Company (Farmers) appeals a decision of the tax court, 85 T.C. 601, that it did not qualify as an exempt cooperative association under Section 521 of the Internal Revenue Code, 26 U.S.C. § 521 (hereinafter section 521), during the 1977 and 1978 tax years because substantially all of its capital stock was not owned by producers who market their products or purchase their supplies through Farmers. We affirm in part, reverse in part, and remand to the tax court.
Farmers is a cooperative incorporated under the laws of the State of Nebraska with its…
2Cases cited6 opinions
- Liberty Warehouse Co. v. Burley Tobacco Growers' Co-Operative Marketing Assn.Supreme Court of the United States · 1928
- Co-Operative Grain & Supply Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1969
- Farmers Union Co-Op. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1937
- Land O'lakes, Inc., Formerly Land O'Lakes Creameries, Inc., a Minnesota Corporation v. United StatesCourt of Appeals for the Eighth Circuit · 1975
- West Central Cooperative v. United StatesCourt of Appeals for the Eighth Circuit · 1985
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Farmers Coop. Co. v. CommissionerUnited States Tax Court · 1987
- Farmers Coop. Co. v. CommissionerUnited States Tax Court · 1987