Legal Opinion
Fulman v. United States
Supreme Court of the United States
Decided February 22, 1978No. 76-1137PublishedCited by 156 opinions
1Opinion of the CourtJustice Brennan
The question presented in this case is the validity of the provision of Treas. Reg. § 1.562-1 (a), 26 CFR § 1.562-1 (a) (1977), that a personal holding company’s distribution of appreciated property to its shareholders results, under §§561 and 562 of the Internal Revenue Code of 1954, 26 U. S. C. §§ 561 and 562, in a dividends-paid deduction limited to an amount that is “the adjusted basis of the property in the hands of the distributing corporation at the time of the distribution.”1 The Court of Appeals for the First Circuit sustained the validity of the provision in this case, 545 F. 2d 268…
2Cases cited13 opinions
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- United States v. CorrellSupreme Court of the United States · 1967
- Bingler v. JohnsonSupreme Court of the United States · 1969
- Fourco Glass Co. v. Transmirra Products Corp.Supreme Court of the United States · 1957
- Commissioner v. AckerSupreme Court of the United States · 1959
8 more not listed; retrieve them via the Exa API.
3Cited by156 opinions
- National Muffler Dealers Assn., Inc. v. United StatesSupreme Court of the United States · 1979
- Rowan Cos. v. United StatesSupreme Court of the United States · 1981
- Commissioner v. EngleSupreme Court of the United States · 1984
- Commissioner v. Portland Cement Co. of UtahSupreme Court of the United States · 1981
- Consumer Products Division, Scm Corporation, the United States, Party-In-Interest v. Silver Reed America, Inc. And Silver Seiko, Ltd.Court of Appeals for the Federal Circuit · 1985
151 more not listed; retrieve them via the Exa API.