Opinion · Court of Appeals for the Second Circuit

Sorin v. Commissioner

Sorin v. Comm’r, 271 F.2d 741 (2d Cir. 1959)

Type
Opinion
Court
Court of Appeals for the Second Circuit
Jurisdiction
Federal
Date
1959-11-23
Topic
general

PER CURIAM. Taxpayers petition for review of a Tax Court decision, reported at 29 T.C. 959, which held that certain corporate distributions were taxable as ordinary income under section 117(m) of the 1939 Internal Revenue Code, 26 U.S.C.A. § 117 (m). The facts are set forth at length in the Tax Court opinion. In Glickman v. C.

Citator

UpLaw has not yet analyzed Sorin v. Commissioner. The absence of a flag is not a finding that it is good law.

Cited by
9 opinions
SORIN v. COMMISSIONER OF INTERNAL REVENUE,271 F.2d 741(2nd Cir. 1959)
Arthur SORIN and Henrietta A. Sorin, Petitioners, v. COMMISSIONER OF
INTERNAL REVENUE, Respondent.
No. 254, Docket 25325.
United States Court of Appeals, Second Circuit.
Argued April 10, 1959.
Decided November 23, 1959.
Taxpayers petition for review of a decision of the Tax Court,29 T.C. 959, Opper, J., holding that a cash distribution by a building corporation was taxable as ordinary income.
Mason G. Kassel, Ralph L. Concannon, New York City (Lord, Day Lord, New York City, of counsel), for petitioners.

Charles K. Rice, Asst. Atty. Gen.; Lee A. Jackson, Harry Baum, George W.Page 742Beatty, Attorneys, Department of Justice, Washington, D.C., for respondent.
Before HINCKS, LUMBARD and WATERMAN, Circuit Judges.
PER CURIAM.
Taxpayers petition for review of a Tax Court decision, reported at29 T.C. 959, which held that certain corporate distributions were taxable as ordinary income under section 117(m) of the 1939 Internal Revenue Code,26U.S.C.A. § 117(m). The facts are set forth at length in the Tax Court opinion. In Glickman v. C.I.R., 2 Cir., 1958,256 F.2d 108, 110, and Burge v. C.I.R., 4 Cir., 1958,253 F.2d 765, the facts were sufficiently similar to the facts here so as to require that here, as in those cases, the Tax Court be affirmed.

Decision affirmed.Page 743