THE COASTAL CLUB, INC., PETITIONER,
v.
COMMISSIONER OF INTERNAL REVENUE, RESPONDENT
THE COASTAL CLUB, INC., PETITIONER,
COMMISSIONER OF INTERNAL REVENUE, RESPONDENT
368 F.2d 231
Court of Appeals for the Fifth Circuit (1966)
Opinion of the Court
PER CURIAM:
Before us for review is a decision of the Tax Court of the United States revoking the tax exemption of the petitioner, The Coastal Club, Inc., and holding it liable for income tax upon monies received from oil and gas leases. The Coastal Club, Inc. v. Commissioner of Internal Revenue, 48 T.C. 783. This Court, finding itself in complete agreement with the conclusion which the Tax Court reached and with its opinion, affirms its decision. See United States v. Fort Worth Club, 5 Cir., 348 F. 2d 891.
Affirmed.
Cases With Similar Vibessemantic neighbors from the corpus
Citator
Authorities Cited
- United States v. Fort Worth Club OF Fort Worth, 348 F.2d 891 (5th Cir. 1965)