Legal Opinion
Reef Corporation v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Reef Corporation
Court of Appeals for the Fifth Circuit
Decided December 15, 1966No. 22836_1PublishedCited by 55 opinions
1Opinion of the Court
BELL, Circuit Judge.
This appeal is from a decision of the Tax Court reported as Reef Corporation v. Commissioner, T.C.Memo. 1965-72 and CCH Dec. 27309(M). It involves income taxes. Reef Corporation appeals from, the disallowance of a stepped-up basis of depreciation, and of interest on corporate indebtedness. The Commissioner, by way of a cross-appeal, contends that the Tax Court erred in not holding that the transaction which is the subject matter *128of the litigation constituted a corporate reorganization under § 368(a) (1) (F) of the Internal Revenue Code of 1954, as amended. 26 U.S.C.A. §…
2Cases cited16 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Commissioner v. BrownSupreme Court of the United States · 1965
- Helvering v. Southwest Consolidated Corp.Supreme Court of the United States · 1942
- Johnson v. United StatesCourt of Appeals for the First Circuit · 1908
11 more not listed; retrieve them via the Exa API.
3Cited by55 opinions
- Redwing Carriers, Inc. v. TomlinsonCourt of Appeals for the Fifth Circuit · 1968
- Waterman Steamship Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1970
- Estate of Bernard H. Stauffer, Bonnie H. Stauffer v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1968
- Estate of Lammerts v. CommissionerUnited States Tax Court · 1970
- Atlas Tool Co. v. CommissionerUnited States Tax Court · 1978
50 more not listed; retrieve them via the Exa API.