Legal Opinion
J. T. Slocomb Company v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided June 30, 1964No. 189, Docket 28184PublishedCited by 39 opinions
1Opinion of the Court
MARSHALL, Circuit Judge:
The principal question presented on this petition is whether the Tax Court was justified in finding that the acquisition of the J. T. Slocomb Company by the shareholders of Green Machine Co., Inc. and Turbo Industries, Inc., and the subsequent merger of Green and Turbo into Slocomb was for the “principal purpose * *■ * [of] evasion or avoidance of Federal income tax by securing the benefit of a deduction, credit or allowance which such person or corporation would not otherwise enjoy.” Internal Revenue Code of 1954, § 269. 1 A subsidiary question is whether the…
2Cases cited14 opinions
- Benjamin D. And Madeline Prentice Gilbert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
- Nassau Lens Co., Inc. v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Harry Pildes and Sarah PildesCourt of Appeals for the Second Circuit · 1962
- American Pipe & Steel Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1957
- Mill Ridge Coal Company v. George D. Patterson, District Director of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
- Thomas E. Snyder Sons Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1961
9 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- Ft. Howard Paper Co. v. CommissionerUnited States Tax Court · 1967
- Estate of Reynolds v. CommissionerUnited States Tax Court · 1970
- Victor Borge, Sanna Borge, and Danica Enterprises, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1968
- Virginia Education Fund v. CommissionerUnited States Tax Court · 1985
- National Home Products, Inc. v. CommissionerUnited States Tax Court · 1979
34 more not listed; retrieve them via the Exa API.