Legal Opinion
Sanders v. Fox
Court of Appeals for the Tenth Circuit
Decided March 20, 1958No. Nos. 5718-5720PublishedCited by 5 opinions
1Opinion of the Court
LEWIS, Circuit Judge.
Appellants, owners of all the issued stock of the Clover Club Foods Company,1 have entered into an agreement with the corporation for the redemption of their stock under a plan funded by insurance carried upon the lives of the stockholders. The insurance premiums, paid by the corporation, have been assessed against appellants as constructive dividends constituting ordinary income. The validity of this assessment is the sole question here presented. The cases, consolidated as involving the same facts and identical issues of law, reach us upon appeal from the District Court…
2Cases cited18 opinions
- Helvering v. HorstSupreme Court of the United States · 1940
- Burnet v. WellsSupreme Court of the United States · 1933
- Palmer v. CommissionerSupreme Court of the United States · 1937
- Helvering v. BruunSupreme Court of the United States · 1940
- Rockefeller v. United StatesSupreme Court of the United States · 1921
13 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Mountain State Steel Foundries, Inc., and v. Commissioner of Internal Revenue, AndCourt of Appeals for the Fourth Circuit · 1960
- Wilhelm v. United StatesDistrict Court, D. Wyoming · 1966
- Wortham MacHinery Company v. United StatesDistrict Court, D. Wyoming · 1974
- Lynch v. CommissionerUnited States Tax Court · 1983
- Robert v. Sanders and Nancy Ritter Sanders v. Charles I. Fox, Director of Internal Revenue, Kimball J. Cranney and Janice J. Cranney v. Charles I. Fox, Director of Internal Revenue, N. v. Sanders and Clover J. Sanders v. Charles I. Fox, Director of Internal RevenueCourt of Appeals for the Tenth Circuit · 1958