OWENS

v.

UNITED STATES

Citator

Cited By (14 total)

• Kraft Foods Co. v. Commissioner OF Internal Revenue, 232 F.2d 118 (2d Cir. 1956)
  …Ballantine, Corporations § 235 (rev. ed., 1946). . Cf. Gregory v. Holvering, 1935, 293 U.S. 465, 469, 55 S.Ct. 266, 79 L.Ed. 596; Commissioner of Internal Revenue v. Transport Trading & Terminal Corp., 2 Cir., 1949, 176 F. 2d 570, certiorari denied 338 U.S. 955, 70 S.Ct. 493, 94 L.Ed. 589; 1432 Broadway Corp., 1945, 4 T.C. 1158, affirmed per curiam 2 Cir., 1947, 160 F. 2d 885. . A sole stockholder can be, and can enforce the rights of, a creditor. Finn v. George T. Mickle Lumber Co., 9 Cir., 1930, 41 F. 2…
• Davant v. Commissioner OF Internal Revenue, 366 F.2d 874 (5th Cir. 1966)
  …d 837 (5 Cir. 1965); United States v. Lynch, 192 F. 2d 718 (9 Cir. 1951), cert. den., 343 U.S. 934, 72 S.Ct. 770, 96 L.Ed. 1342 (1952); Commissioner of Internal Revenue v. Transport Trading & Terminal Corp., 176 F. 2d 570 (2 Cir. (1949), cert. den., 338 U.S. 955, 70 S.Ct. 493; 94 L.Ed. 1341 (1950); Fox v. Harrison, 145 F. 2d 521 (7 Cir. 1944); Bard-Parker Co. v. Commissoner of Internal Revenue, 218 F. 2d 52 (2 Cir. 1954), cert. den., 349 U.S. 906, 75 S.Ct. 582, 99 L.Ed. 1242 (1955). In the Court Holding ca…
• Weller v. Commissioner OF Internal Revenue, 270 F.2d 294 (3d Cir. 1959)
  …pon for commercial purposes and “not to include transactions entered upon for no other motive but to escape taxation.” Commissioner of Internal Revenue v. Transport Trading & Terminal Corp., 2 Cir., 1949, 176 F. 2d 570, 572, certiorari denied, 1950, 338 U.S. 955, 70 S.Ct. 493, 94 L.Ed. 1341. The Tax Court could find no independent economic purpose present in the instant cases and thus concluded that the sole purpose was the creation of a tax deduction. The petitioners have gone to great lengths to demonstr…