1. Home
  2. Browse Decisions
  3. T.C.
  4. 76 T.C.
  5. 76 T.C. 325 (1981)
 

KAISER ALUMINUM & CHEMICAL CORP. v. COMMISSIONER

Docket No. 3162-78T.

76 T.C. 325 (1981)

KAISER ALUMINUM & CHEMICAL CORPORATION AND KAISER ALUMINA AUSTRALIA CORPORATION, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed February 18, 1981.

Attorney(s) appearing for the Case

M. Bernard Aidinoff, Kendyl K. Monroe, and Mark F. Dalton, for the petitioners.

Bobby D. Burns, for the respondent.

OPINION

WILBUR, Judge:

Respondent determined that petitioners' transfer of property to Comalco, an Australian corporation, is in pursuance of a plan having as one of its principal purposes the avoidance of income tax, within the meaning of section 367,1 and that the gain from the transfer must be considered as gross income. Petitioners challege respondent's determination and have...

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