GENERAL PLASTICS, INC.,
v.
COMMISSIONER OF INTERNAL REVENUE
GENERAL PLASTICS, INC.,
COMMISSIONER OF INTERNAL REVENUE
145 F.2d 731
United States Court of Appeals for the Second Circuit (1944)
Opinion of the Court
FRANK, Circuit Judge.
We think the Tax Court was right. In Phillips v. Commissioner, 3 Cir., 134 F. 2d 73, the taxpayer lost, although the identity of the creditor was changed and here it was not, so that the taxpayer’s case here is weaker. We approved the ruling of the Phillips case in Commissioner v. Grant Trading Co., 2 Cir., 135 F. 2d 358.
Affirmed.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Authorities Cited
- B. D. Phillips, Inc. v. Commissioner OF Internal Revenue (two cases), 134 F.2d 73 (3d Cir. 1943)
- Commissioner of Internal Revenue v. Grant Trading Co., Inc., 135 F.2d 358 (2d Cir. 1943)