Legal Opinion
United States v. Haskel Engineering & Supply Company
Court of Appeals for the Ninth Circuit
Decided June 21, 1967No. 21104_1PublishedCited by 56 opinions
1Opinion of the Court
BARNES, Circuit Judge.
This tax case concerns certain deductions claimed by appellee for the taxable years 1957, 1958 and 1959. From 1946 to 1952 Richard Hayman and Don Dris-kel operated a partnership under the name of Haskel Engineering & Supply Company. Hayman had a sixty per cent interest and Driskel a forty per cent interest. In 1952 the business was converted into corporate form, the corporation involved here issuing 1500 shares of stock and $64,000 in debenture bonds for the operating assets of the business. Each partner took his proportionate share of the stock and of the bonds. The…
2Cases cited5 opinions
- Commissioner v. P. G. Lake, Inc.Supreme Court of the United States · 1958
- Commissioner of Internal Revenue v. Lincoln Electric Co.Court of Appeals for the Sixth Circuit · 1949
- Calavo, Inc., and Calavo Growers of California, Successor to Assets and Liabilities of Calavo, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1962
- Covey Investment Company v. United StatesCourt of Appeals for the Tenth Circuit · 1967
- Baltimore Steam Packet Co. v. United StatesUnited States Court of Claims · 1960
3Cited by56 opinions
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Boser v. CommissionerUnited States Tax Court · 1981
- Olga K. Audano and B. Randol Hardwick v. United StatesCourt of Appeals for the Fifth Circuit · 1970
- Valmont Industries, Inc. v. CommissionerUnited States Tax Court · 1980
- United States v. Ronald H. PachecoCourt of Appeals for the Ninth Circuit · 1990
51 more not listed; retrieve them via the Exa API.