Legal Opinion
Budd International Corp. v. Commissioner of Int. Rev.
Court of Appeals for the Third Circuit
Decided July 17, 1944No. 8071PublishedCited by 27 opinions
1Opinion of the Court
*786MARIS, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals wherein the Board adjudged Budd International Corporation liable for deficiencies in its income and undistributed profits taxes for the years 1936 and 1937. The facts are stated in detail in the opinion of the Board of Tax Appeals, 45 B.T.A. 737. We set out herein only such of the facts as are necessary for an understanding of the issues raised by the petition.
The taxpayer was incorporated in 1930. By a series of exchanges more fully described later in this opinion the Edward G. Budd Manufacturing Company…
2Cases cited10 opinions
- Hazeltine Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1937
- Bassick v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1936
- Halliburton v. CommissionerCourt of Appeals for the Ninth Circuit · 1935
- Diescher v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1940
- Budd International Corp. v. CommissionerUnited States Board of Tax Appeals · 1941
5 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Philadelphia Park Amusement Co. v. United StatesUnited States Court of Claims · 1954
- Smith v. CommissionerUnited States Tax Court · 1976
- Commissioner of Internal Revenue v. Mellon. Commissioner of Internal Revenue v. ScaifeCourt of Appeals for the Third Circuit · 1950
- Tilford v. CommissionerUnited States Tax Court · 1980
- Mather & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1949
22 more not listed; retrieve them via the Exa API.