Flomarcy Company, Inc. v. Commissioner of Internal Revenue, Jose Bensaude and Maria Bensaude v. Commissioner of Internal Revenue
Cases that cite this one
5 later published cases cite this decision.
- Preller v. Commissioner (United States Tax Court 1976)
- Estate of Gary v. Commissioner (United States Tax Court 1976)
- Holland v. Commissioner (United States Tax Court 1974)
- Wilson v. Commissioner (United States Tax Court 1973)
- Little Carnegie Realty Corp. v. Commissioner (United States Tax Court 1970)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion
324 F.2d 730
FLOMARCY COMPANY, Inc., Petitioner,
v.
COMMISSIONER OF INTERNAL REVENUE, Respondent.
Jose BENSAUDE and Maria Bensaude, Petitioners,
v.
COMMISSIONER OF INTERNAL REVENUE, Respondent.
No. 29.
No. 30.
Docket 27961.
Docket 27962.
United States Court of Appeals Second Circuit.
Submitted November 6, 1963.
Decided November 22, 1963.
Samuel Zuckerman, New York City, for petitioners.
Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, Melva M. Graney and Alec A. Pandaleon, Attys., Dept. of Justice, Washington, D. C., for respondent.
Before WATERMAN, MOORE and SMITH, Circuit Judges.
PER CURIAM.
Flomarcy Company, Inc. and its controlling shareholders appeal from a decision of the Tax Court, T.C.Memo. 1962-201, upholding the assessment of deficiencies against the petitioners for failure to report income which the company had earned but which petitioners had caused to be paid to third parties. The taxpayers introduced no evidence, and it is well settled that deficiency assessments of the Commissioner are presumptively correct. Welch v. Helvering, 290 U.S. 111, 115, 54 S.Ct. 8, 78 L.Ed. 212 (1933); Brown v. Commissioner, 141 F.2d 307, 309 (2 Cir. 1944). The argument made on this appeal that the government should have the burden of proof because a constructive dividend is a legal fiction is without legal or logical basis. The decision of the Tax Court is affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.