Legal Opinion
Haffenreffer Brewing Co. v. Commissioner of Int. Rev.
Court of Appeals for the First Circuit
Decided December 23, 1940No. 3593PublishedCited by 18 opinions
1Opinion of the Court
MAHONEY, Circuit Judge.
This is a petition for review of a decision of the Board of Tax Appeals involving the surtax imposed on a personal holding company by Section 351 of the" Revenue Act of 1934, 48 Stat. 751, 26 U.S.C.A. Int.Rev.Acts, page 757. The taxpayer in 1934 paid the sum of $86,400 out of its 1933 net income for the retirement of part of its outstanding preferred stock in accordance with the terms of a contract entered into in 1930, and deducted that sum from its undistributed net income as the retirement of indebtedness within the meaning of Section 351(b) (2) (B) 1 The…
2Cases cited20 opinions
- Warren v. KingSupreme Court of the United States · 1883
- Commissioner of Internal Revenue v. OPP Holding Corp.Court of Appeals for the Second Circuit · 1935
- Commissioner of Internal Revenue v. Proctor ShopCourt of Appeals for the Ninth Circuit · 1936
- Hamlin v. Toledo, St. L. & K. C. R.Court of Appeals for the Sixth Circuit · 1897
- United States v. South Georgia Ry. Co.Court of Appeals for the Fifth Circuit · 1939
15 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Carl E. Weller and Emily I. Weller v. Commissioner of Internal Revenue, W. Stuart Emmons v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1959
- Jack Daniel Distillery, Lem Motlow, Prop., Inc. v. The United StatesUnited States Court of Claims · 1967
- United States v. Title Guarantee & Trust Co.Court of Appeals for the Sixth Circuit · 1943
- Knollwood Memorial Gardens v. CommissionerUnited States Tax Court · 1966
- Commissioner of Internal Revenue v. HP Hood & SonsCourt of Appeals for the First Circuit · 1944
13 more not listed; retrieve them via the Exa API.