1. Home
  2. Browse Decisions
  3. F.2d
  4. 325 F.2d
  5. 325 F.2d 667 (1963)
 

LITCHFIELD SECURITIES CORPORATION v. UNITED STATES

No. 81, Docket 28290.

325 F.2d 667 (1963)

LITCHFIELD SECURITIES CORPORATION, Plaintiff-Appellant, v. UNITED STATES of America, Defendant-Appellee.

United States Court of Appeals Second Circuit.

Decided December 5, 1963.

Attorney(s) appearing for the Case

Joseph F. Monaghan, McCanliss & Early, New York City (John F. Walsh, New York City, of counsel), for plaintiff-appellant.

Robert Arum, Asst. U. S. Atty., Robert M. Morgenthau, U. S. Atty. for Southern Dist. of New York, for defendant-appellee.

Before LUMBARD, Chief Judge, and MEDINA and FRIENDLY, Circuit Judges.

FRIENDLY, Circuit Judge.

This appeal is by a personal holding company from an order of Judge Dawson in the Southern District of New York, dismissing its complaint in a suit for refund of a tax on undistributed personal holding company income. In determining the amount of such income, upon which severe taxes are imposed, § 545(b) (5) of the Internal Revenue Code of 1954 permits deduction of net long-term capital gains1 after reduction...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases