Legal Opinion
Helvering v. Credit Alliance Corp.
Court of Appeals for the Fourth Circuit
Decided July 21, 1941No. 4801PublishedCited by 8 opinions
1Opinion of the Court
SOPER, Circuit Judge.
In the course of a complete liquidation in 1936, the Credit Alliance Corporation, the taxpayer, made a distribution to the Commercial Credit Company, its parent corporation, of earnings and profits accrued since February 28, 1913. No gain or loss resulted to the parent corporation from the distribution because of the provisions of Section 112(b) (6) of the Revenue Act of 1936, 49 Stat. 1648, 26 U.S.C.A. Int.Rev.Acts, page 856. The question in the pending case is whether the taxpayer is entitled, by reason of this liquidating distribution, to a dividends paid credit under…
2Cases cited8 opinions
- Hellmich v. HellmanSupreme Court of the United States · 1928
- United States v. ChaseSupreme Court of the United States · 1890
- Rodgers v. United StatesSupreme Court of the United States · 1902
- M. E. Blatt Co. v. United StatesSupreme Court of the United States · 1938
- Commissioner of Internal Revenue v. SansomeCourt of Appeals for the Second Circuit · 1932
3 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Helvering v. Credit Alliance Corp.Supreme Court of the United States · 1942
- Fowler Bros. & Cox, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1943
- Seattle-First Nat. Bank v. United StatesDistrict Court, E.D. Washington · 1942
- Braicks v. HenricksenDistrict Court, W.D. Washington · 1942
- Hogan v. State of Connecticut Judicial BranchDistrict Court, D. Connecticut · 2002
3 more not listed; retrieve them via the Exa API.