GALLADE v. COMMISSIONER OF INTERNAL REVENUE, 106 T.C. 355 (1996) ALFRED E. GALLADE, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Nos. 791-94, 792-94.United States Tax Court. Filed May 28, 1996. C, P’s wholly owned corporation, operated a pension plan in which P participated. Because of C’s poor financial disposition, P executed a “waiver”, to assign his […]
Category: United States Tax Court Opinions
ST. JUDE MEDICAL, INC. v. COMMR. OF INTERNAL REVENUE, 97 T.C. 457 (1991)
ST. JUDE MEDICAL, INC. v. COMMR. OF INTERNAL REVENUE, 97 T.C. 457 (1991) ST. JUDE MEDICAL, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. No. 5274-89.United States Tax Court. Filed October 31, 1991. P is the related supplier of I, a domestic international sales corporation (DISC). P and I use the “50/50 combined taxable income” method […]
CAREY v. COMMISSIONER OF INTERNAL REVENUE, 56 T.C. 477 (1971)
CAREY v. COMMISSIONER OF INTERNAL REVENUE, 56 T.C. 477 (1971) JAMES B. AND MARGARET CAREY, PETITIONERS v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT Docket No. 5556-68.United States Tax Court. Filed June 14, 1971. Petitioner husband incurred certain expenses in an unsuccessful attempt to be reelected president of a large labor union. Held, the expenses of seeking reelection […]
HOOD v. COMMISSIONER OF INTERNAL REV., 115 T.C. 172 (2000)
HOOD v. COMMISSIONER OF INTERNAL REV., 115 T.C. 172 (2000) LENWARD C. HOOD AND BARBARA P. HOOD, Petitioners v. COMMISSIONER OFINTERNAL REVENUE, Respondent HOOD’S INSTITUTIONAL FOODS, INC.,Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 4160-97, 4161-97.United States Tax Court. Filed August 25, 2000. H operated a sole proprietorship, and later incorporated HIF, which assumed […]
ESTATE OF CROSLEY, JR. v. COMMR. OF INTERNAL REVENUE, 47 T.C. 310 (1966)
ESTATE OF CROSLEY, JR. v. COMMR. OF INTERNAL REVENUE, 47 T.C. 310 (1966) ESTATE OF POWEL CROSLEY, JR., DECEASED, MARTHA PAGE CROSLEY KESS,EXECUTRIX, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket No. 1341-64.United States Tax Court. Filed December 16, 1966. Decedent was insured under 25 different life insurance policies. In 1934 he executed an instrument […]
BEECH CREEK R.R. CO. v. COMMR. OF INTERNAL REVENUE, 5 T.C. 135 (1945)
BEECH CREEK R.R. CO. v. COMMR. OF INTERNAL REVENUE, 5 T.C. 135 (1945) BEECH CREEK RAILROAD COMPANY, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 4035.United States Tax Court. Promulgated May 24, 1945. The petitioner owned a railroad of approximately 110 miles, subject to a 999-year lease executed in 1890, which provided for delivery, at […]
DEWEY v. COMMISSIONER OF INTERNAL REVENUE, 2010-38 (T.C. 3-31-2010)
DEWEY v. COMMISSIONER OF INTERNAL REVENUE, 2010-38 (T.C. 3-31-2010) JASON AND MISTY DEWEY, Petitioners v. COMMISSIONER OF INTERNALREVENUE, Respondent No. 13650-08S.United States Tax Court. Filed March 31, 2010. [EDITOR’S NOTE: This case is unpublished as indicated by the issuing court.] SUMMARY OPINION PURSUANT TO INTERNAL REVENUE CODE SECTION 7463(b), THIS OPINIONMAY NOT BE TREATED AS […]
LEONARD v. COMMISSIONER OF INTERNAL REVENUE, 4 T.C. 1271 (1945)
LEONARD v. COMMISSIONER OF INTERNAL REVENUE, 4 T.C. 1271 (1945) J. M. LEONARD, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT.MARY LEONARD (MRS. J. M. LEONARD), PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT.MARY LEONARD TRUST #1, J. M. LEONARD, TRUSTEE, PETITIONER, v. COMMISSIONEROF INTERNAL REVENUE, RESPONDENT.MIRANDA LEONARD TRUST #1, J. M. LEONARD, TRUSTEE, PETITIONER, v.COMMISSIONER OF INTERNAL REVENUE, […]
WHITELEY v. COMMISSIONER OF INTERNAL REVENUE, 2 T.C. 618 (1943)
WHITELEY v. COMMISSIONER OF INTERNAL REVENUE, 2 T.C. 618 (1943) GEORGE H. WHITELEY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket Nos. 110686, 111713.United States Tax Court. Promulgated August 24, 1943. The income from trusts for the benefit of donor’s children who had become of age, distributable directly to them when attaining that age, upon the […]
MILBANK v. COMMISSIONER OF INTERNAL REVENUE, 51 T.C. 805 (1969)
MILBANK v. COMMISSIONER OF INTERNAL REVENUE, 51 T.C. 805 (1969) SAMUEL R. MILBANK AND MOLLY W. MILBANK, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT Docket Nos. 4207-66, 4808-66, 5666-66, 5132-67.United States Tax Court. Filed February 20, 1969. T, an investment banker, was the prime mover in the promotion of a wallboard manufacturing plant which was to […]