FIORINI

v.

WAYNE CIRCUIT JUDGE

Citator

Cited By

• Alterman Foods, Inc. v. The United States, 611 F.2d 866 (Ct. Cl. 1979)
  …r of property to the corporation (Sharp v. Commissioner, supra); reversals or zero balances in all the accounts in question in prior or subsequent years (Miele v. Commissioner, 56 T.C. 556 (1971), aff’d, 474 F. 2d 1338 (3rd Cir. 1973), cert. denied, 414 U.S. 982, 94 S.Ct. 279, 38 L.Ed.2d 225; A1 Goodman Inc. v. Commissioner, supra; Thorman v. Commissioner, 12 TCM (CCH) 963 (1953)); the shareholder’s payment of capital gains tax on the account upon the dissolution of the corporation (Shaken v. Commissioner,…
• Agway, Inc. v. The United States, 524 F.2d 1194 (Ct. Cl. 1975)
  …. This case is easily distinguishable from § 302(b)(1) cases involving corporations with related shareholders where “attribution” under § 318 applies. See, United States v. Davis, 397 U.S. 301, 90 S.Ct. 1041, 25 L.Ed.2d 323 (1970); Albers v. Com’r, 414 U.S. 982, 94 S.Ct. 279, 38 L.Ed.2d 225 (1973, dissent to refusal of certiorari to reconsider Davis by Justices Douglas, Blackmun, and Powell). It is clear from the prevailing opinion in Davis that in the absence of attribution the result would be the same as…
• Crowley v. Commissioner OF Internal Revenue, 962 F.2d 1077 (1st Cir. 1992)
  ….J. Byorick, Inc. v. Commissioner, 55 T.C.M. (CCH) 1037, 1047 (1988); Paul W. Thielking, O.D., P.C. v. Commissioner, 53 T.C.M. (CCH) 746, 749 (1987); Miele v. Commissioner, 56 T.C. 556, 567 (1971), aff'd mem., 474 F. 2d 1338 (3d Cir.), cert. denied, 414 U.S. 982, 94 S.Ct. 279, 38 L.Ed.2d 225 (1973). Courts typically determine whether the requisite intent to repay was present by examining available objective evidence of the parties’ intentions, including the degree of corporate control enjoyed by the taxpa…