Hall Approved Free Access to American Case Law
U.S. Court of Appeals for the Third Circuit, 1965

General Alloy Casting Company v. Commissioner of Internal Revenue

General Alloy Casting Company v. Commissioner of Internal Revenue
U.S. Court of Appeals for the Third Circuit · Decided June 7, 1965 · Biggs, Staley, Ganey
345 F.2d 794; 15 A.F.T.R.2d (RIA) 1121; 1965 U.S. App. LEXIS 5325 (Federal Reporter, Second Series)

General Alloy Casting Company v. Commissioner of Internal Revenue

Opinion

PER CURIAM.

The record in this case warrants the Tax Court’s determination that the contributions made to the taxpayer by its two principal stockholders were contributions to equity capital rather than true indebtedness. Since we perceive no error in the proceedings, the decision of the Tax Court will be affirmed.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.

↑