MID-STATE PRODUCTS CO. v. COMMR. OF INTERNAL REVENUE, 21 T.C. 696 (1954) MID-STATE PRODUCTS COMPANY, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 24793.United States Tax Court. Promulgated February 15, 1954. 1. The petitioner was organized to engage in buying shell eggs and the selling of frozen eggs. It decided to explore the possibilities of […]
Category: United States Tax Court Opinions
COGGIN AUTOMOTIVE CORP. v. COMMISSIONER OF INT. REV., 115 T.C. 349 (2000)
COGGIN AUTOMOTIVE CORP. v. COMMISSIONER OF INT. REV., 115 T.C. 349 (2000) COGGIN AUTOMOTIVE CORPORATION, Petitioner v.COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 1684-99.United States Tax Court. Filed October 18, 2000. P was a holding company that held over 80 percent of the stock of five corporations (collectively, the subsidiaries) that were engaged in the […]
BUSH #1 v. COMMISSIONER OF INTERNAL REVENUE, 48 T.C. 218 (1967)
BUSH #1 v. COMMISSIONER OF INTERNAL REVENUE, 48 T.C. 218 (1967) BUSH #1 C/O STONESTREET LANDS CO., PETITIONER v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT Docket No. 3686-64.United States Tax Court. Filed May 26, 1967. Held, petitioner, a producing oil and gas well, found to be a mining partnership which did not qualify as an association taxable […]
ZIMMERMANN v. COMMISSIONER OF INTERNAL REVENUE, 25 T.C. 233 (1955)
ZIMMERMANN v. COMMISSIONER OF INTERNAL REVENUE, 25 T.C. 233 (1955) PHIL L. ZIMMERMANN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 51338.United States Tax Court. Filed October 31, 1955. A $3,000 payment was made to petitioner in 1951 out of a fund comprised of the surrender value of an endowment contract and an annuity contract […]
ESTATE OF SMITH v. COMMISSIONER OF INTERNAL REVENUE, 16 T.C. 807 (1951)
ESTATE OF SMITH v. COMMISSIONER OF INTERNAL REVENUE, 16 T.C. 807 (1951) ESTATE OF IRVING SMITH, DECEASED, TRANSFEREE, IRVING SMITH, JR., AND THESTAMFORD TRUST COMPANY, EXECUTORS, PETITIONERS, v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. Docket Nos. 102344, 102725.United States Tax Court. Promulgated April 18, 1951. Where the petitioners as executors of a decedent’s estate permitted title to […]
WESTROADS, INC. v. COMMISSIONER, 69 T.C. 682 (1978)
WESTROADS, INC. v. COMMISSIONER, 69 T.C. 682 (1978) WESTROADS, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT Docket No. 9444-76.United States Tax Court. Filed February 13, 1978. In constructing its shopping center, petitioner installed equipment to generate electricity for sale to its tenants. Waste heat from such equipment was salvaged for use in its heating and […]
KENT v. COMMISSIONER OF INTERNAL REVENUE, 35 T.C. 30 (1960)
KENT v. COMMISSIONER OF INTERNAL REVENUE, 35 T.C. 30 (1960) HERBERT J. KENT AND EMILY P. KENT, HUSBAND AND WIFE, PETITIONERS, v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket No. 71564.United States Tax Court. Filed October 10, 1960. NET OPERATING LOSS DEDUCTION FOR 1953 BASED ON NET OPERATING LOSS CARRYBACK FROM 1955 — APPLICABLE LAW. — Net […]