Legal Opinion
De Soto Securities Company v. Commission of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided August 9, 1956No. 11687PublishedCited by 24 opinions
1Opinion of the Court
SCHNACKENBERG, Circuit Judge.
Petitioner asks us to reverse a decision of the Tax Court which sustained respondent’s determination of a deficiency of $16,964.29 in the personal holding company surtax of petitioner for the fiscal year ending June 30, 1950. The Tax Court’s opinion 1 found all of the facts as the parties stipulated them.
During the fiscal year in question petitioner was a personal holding company. In addition to the federal income taxes accrued as of June 30, 1950, 2 petitioner paid out of net income during the fiscal year ending on that date federal income taxes amounting to…
2Cases cited9 opinions
- Commissioner of Internal Revenue v. Clarion Oil Co.Court of Appeals for the D.C. Circuit · 1945
- Aramo-Stiftung v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1949
- Clarion Oil Co. v. CommissionerUnited States Tax Court · 1943
- Birmingham v. Loetscher Co.Court of Appeals for the Eighth Circuit · 1951
- De Soto Sec. Co. v. CommissionerUnited States Tax Court · 1955
4 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Lawrence v. CommissionerUnited States Tax Court · 1957
- GE Betz, Incorporated v. Zee Company, IncorporatedCourt of Appeals for the Seventh Circuit · 2013
- Sharon L. King v. Internal Revenue Service and Jerome Kurtz, Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1982
- Water Quality Association Employees' Benefit Corporation v. United StatesCourt of Appeals for the Seventh Circuit · 1986
- ADT Security Services, Inc. v. Lisle-Woodridge Fire Protection DistrictCourt of Appeals for the Seventh Circuit · 2013
19 more not listed; retrieve them via the Exa API.