1. Home
  2. Browse Decisions
  3. T.C.
  4. 37 T.C.
  5. 37 T.C. 136 (1961)
 

CONSUMERS CREDIT RURAL ELECTRIC COOPERATIVE CORPORATION v. COMMISSIONER

Docket No. 82879.

37 T.C. 136 (1961)

CONSUMERS CREDIT RURAL ELECTRIC COOPERATIVE CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed October 31, 1961.

Attorney(s) appearing for the Case

Philip P. Ardery, Esq., for the petitioner.

Arthur Clark, Jr., Esq., for the respondent.

MULRONEY, Judge:

The respondent determined a deficiency in petitioner's income tax for the year 1957 in the amount of $2,779.58 and in his amended answer respondent claims an additional deficiency of $1,478.41 in petitioner's income tax for 1957. The issues are (1) whether petitioner is a tax-exempt organization within the meaning of section 501(c)(12); (2) whether certain distributions paid by petitioner to holders...

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