Legal Opinion
Mills v. Commissioner
Court of Appeals for the Fifth Circuit
Decided March 24, 1942No. 10069PublishedCited by 7 opinions
1Opinion of the Court
McCORD, Circuit Judge.
The only question presented by the petition for review is whether the taxpayer is entitled to a credit under § 26(c) (1) of the Revenue Act of 1936 in computing its liability for the surtax imposed on undistributed profits by § 14 of the Act. §§ 14, 26(c) (1), 26 U.S.C.A. Int.Rev.Acts, pages 823, 836.
The Board of Tax Appeals, with six members dissenting, refused to allow the credit, holding that the facts failed to show a written contract executed by the petitioner which restricted payment of dividends in the tax year 1936. The Board’s findings and opinion are reported,…
2Cases cited4 opinions
- Helvering v. Northwest Steel Rolling Mills, Inc.Supreme Court of the United States · 1940
- Crane-Johnson Co. v. HelveringSupreme Court of the United States · 1940
- Atlas Supply Co. v. CommissionerCourt of Appeals for the Tenth Circuit · 1943
- Caroline Mills v. CommissionerUnited States Board of Tax Appeals · 1941
3Cited by7 opinions
- Mastin Realty & Mining Co. v. CommissionerCourt of Appeals for the Eighth Circuit · 1942
- Monarch Theatres, Inc. v. HelveringCourt of Appeals for the Second Circuit · 1943
- Atlantic Co. v. CommissionerCourt of Appeals for the Fifth Circuit · 1942
- Central West Coal Co. v. CommissionerCourt of Appeals for the Seventh Circuit · 1942
- Phebus Oil Co. v. CommissionerCourt of Appeals for the Fifth Circuit · 1943
2 more not listed; retrieve them via the Exa API.