UNITED STATES v. M. O. J. CORPORATION

No. 17886.

274 F.2d 713 (1960)

UNITED STATES of America, Appellant, v. M. O. J. CORPORATION, Appellee.

United States Court of Appeals Fifth Circuit.

January 19, 1960.


Attorney(s) appearing for the Case

Marvin W. Weinstein, Atty., Dept. of Justice, Charles K. Rice, Asst. Atty. Gen., Tax Division, Lee A. Jackson, Meyer Rothwacks, I. Henry Kutz, Attys., Dept. of Justice, Washington, D. C., William B. Butler, U. S. Atty., Arthur L. Moller, Asst. U. S. Atty., Houston, Tex., for appellant.

Homer L. Bruce, Houston, Tex. (Baker, Botts, Andrews & Shepherd, Houston, Tex., of counsel), for appellee.

Before RIVES, Chief Judge, and HUTCHESON and TUTTLE, Circuit Judges.


TUTTLE, Circuit Judge.

The United States appeals from a judgment of the District Court, sitting without a jury, granting a tax refund to the taxpayer corporation. The facts being largely stipulated, and not otherwise being in dispute, the only question presented here is whether the trial court erred in holding that the liquidation by the taxpayer of its four wholly owned subsidiaries was not a Section 112(b) (6) liquidation1 resulting...

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