Midwest Liquor Dealers, Inc. v. Commissioner
United States Tax Court
Petitioner, a wholesale liquor dealer, commenced business on April 10, 1935, approximately 1 year prior to the beginning of its base period. During its base period petitioner embarked upon a program of purchasing whisky in bulk, having it bottled, and selling it as an exclusive distributor within at least part of its area.
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Petitioner, a wholesale liquor dealer, commenced business on April 10, 1935, approximately 1 year prior to the beginning of its base period. During its base period petitioner embarked upon a program of purchasing whisky in bulk, having it bottled, and selling it as an exclusive distributor within at least part of its area. Petitioner also moved from a rented warehouse in which its operations could not be carried on efficiently to a warehouse which it purchased and in which, with remodeling, it was able to operate its business at lower costs. Held, petitioner has qualified for relief under…
1Opinion of the Court
Midwest Liquor Dealers, Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Midwest Liquor Dealers, Inc. v. Commissioner
Docket Nos. 26983, 29753
United States Tax Court
20 T.C. 950; 1953 U.S. Tax Ct. LEXIS 73;
September 9, 1953, Promulgated
Decision will be entered under Rule 50.
Petitioner, a wholesale liquor dealer, commenced business on April 10, 1935, approximately 1 year prior to the beginning of its base period. During its base period petitioner embarked upon a program of purchasing whisky in bulk, having it bottled, and selling it as an exclusive distributor within at least…
2Cases cited3 opinions
- Ray Campbell, Wise & Wright, Inc. v. CommissionerUnited States Tax Court · 1950
- Mitchell & Co. v. CommissionerUnited States Tax Court · 1953
- Midwest Liquor Dealers, Inc. v. CommissionerUnited States Tax Court · 1953