Schnitzer v. Commissioner of Internal Revenue, 12471-12476.

Decision Date25 September 1950
Docket NumberNo. 12471-12476.,12471-12476.
Citation183 F.2d 70
PartiesSam SCHNITZER, Estate of Harry J. Wolf, Deceased, by Monte L. Wolf, Administrator, de bonis non with the will annexed of said estate, Monte L. Wolf, Blossom M. Goldstein, Charlotte C. Cohon, Estate of Jennie Wolf, Deceased, by Monte L. Wolf, Administrator de bonis non with the will annexed of said estate, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.
CourtU.S. Court of Appeals — Ninth Circuit

Robt. T. Jacob and Jacob & Brown, all of Portland, Or. (Garthe Brown, Portland, Or., of counsel), for petitioners.

Theron Lamar Caudle, Asst. Atty. Gen., Ellis N. Slack, A. F. Prescott, I. Henry Kutz and Howard Locke, Sp. Assts. to Atty. Gen., for respondent.

Before STEPHENS and ORR, Circuit Judges, and McLAUGHLIN, District Judge.

PER CURIAM.

The decisions appealed from are affirmed upon the basis of the Tax Court's opinion reported in 13 T.C. 43.

Affirmed.

To continue reading

Request your trial
75 cases
  • GYRO ENGINEERING CORPORATION v. United States
    • United States
    • U.S. District Court — Central District of California
    • October 19, 1967
    ...significant that "even form itself was not consistently observed." Schnitzer v. Commissioner, 13 T.C. 43 (1949), aff'd per curiam, 183 F.2d 70 (9th Cir. 1950). As a matter of substance and practical effect, the transaction had little or no business purpose independent of its tax motivation.......
  • Santa Anita Consol., Inc. v. Comm'r of Internal Revenue, Docket No. 3577-65.
    • United States
    • U.S. Tax Court
    • July 2, 1968
    ...Isidor Dobkin, 15 T.C. 31 (1950), affirmed per curiam 192 F.2d 392 (C.A. 2, 1951); Sam Schnitzer, 13 T.C. 43 (1949), affirmed per curiam 183 F.2d 70 (C.A. 9, 1950), certiorari denied 340 U.S. 911 (1951). Yet these factors must be weighed against the basic rule that, unless the debt is a mer......
  • Earle v. WJ Jones & Son
    • United States
    • U.S. Court of Appeals — Ninth Circuit
    • December 24, 1952
    ...grossly disproportionate to capital stock would be required in the future, as in Schnitzer v. Commissioner, 13 T.C. 43, affirmed 9 Cir., 183 F.2d 70;19 and Matthiessen v. Commissioner, 16 T.C. 781, affirmed 2 Cir., 194 F.2d 659; or where only nominal capital or none at all was contributed, ......
  • United States Nat'l Bank of Portland v. Comm'r of Internal Revenue (In re Estate of Miller)
    • United States
    • U.S. Tax Court
    • August 23, 1955
    ...Community Hotel Corporation, 14 T.C. 183, affirmed per curiam 187 F.2d 487 (C.A. 6); Sam Schnitzer, 13 T.C. 43, affirmed per curiam 183 F.2d 70 (C.A. 9), certiorari denied 340 U.S. 911; Cleveland Adolph Mayer Realty Corporation, 6 T.C. 730, reversed on another issue 160 F.2d 1012 (C.A. 6); ......
  • Request a trial to view additional results

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT