Legal Opinion
Richmond Hosiery Mills v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided June 5, 1956No. 15875PublishedCited by 4 opinions
1Per curiam
This appeal involves claimed deficiencies in excess profit taxes for the years 1942, and 1944-1945. Persisting, despite its reversal in Owensboro Wagon Co. v. Commissioner, 6 Cir., 209 F.2d 617, in adhering to its decision, that stock dividends distributed prior to March 1, 1913, are not includible in equity invested capital under § 718(a) (3) of the Internal Revenue Code, 26 U.S.C.A. Excess Profits Taxes, page 143, the Tax Court sustained the Commissioner’s determination, excluding such stock dividends.
Appealing from that decision, taxpayer is here insisting that, for the reasons set forth…
2Cases cited3 opinions
- Owensboro Wagon Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1954
- Baker Land & Title Co. v. United StatesDistrict Court, W.D. Wisconsin · 1954
- Baker Land and Title Company v. United StatesCourt of Appeals for the Seventh Circuit · 1956
3Cited by4 opinions
- Lawrence v. CommissionerUnited States Tax Court · 1957
- The Stacey Manufacturing Company v. Commissioner of Internal Revenue, Richmond Hosiery Mills v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1956
- Richmond Hosiery Mills v. The United StatesUnited States Court of Claims · 1962
- Lawrence v. CommissionerUnited States Tax Court · 1957