Berkley MacHine Works & Foundry Company, Inc. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Ursula B. Jones v. Commissioner of Internal Revenue, Samuel G. Jones, Sr. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Estate of Mary Ruth Jones, Deceased, Samuel G. Jones, Administrator v. Commissioner of Internal Revenue

Fourth Circuit

Berkley MacHine Works & Foundry Company, Inc. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Ursula B. Jones v. Commissioner of Internal Revenue, Samuel G. Jones, Sr. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Estate of Mary Ruth Jones, Deceased, Samuel G. Jones, Administrator v. Commissioner of Internal Revenue

422 F.2d 362, 25 A.F.T.R.2d (RIA) 746, 1970 U.S. App. LEXIS 10505

CourtCourt of Appeals for the Fourth Circuit

DecidedMarch 2, 1970

Docket13621-13624_1

StatusPublished

Cited by2 cases

This text of 422 F.2d 362 (Berkley MacHine Works & Foundry Company, Inc. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Ursula B. Jones v. Commissioner of Internal Revenue, Samuel G. Jones, Sr. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Estate of Mary Ruth Jones, Deceased, Samuel G. Jones, Administrator v. Commissioner of Internal Revenue) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Berkley MacHine Works & Foundry Company, Inc. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Ursula B. Jones v. Commissioner of Internal Revenue, Samuel G. Jones, Sr. v. Commissioner of Internal Revenue, Samuel G. Jones, Sr., and Estate of Mary Ruth Jones, Deceased, Samuel G. Jones, Administrator v. Commissioner of Internal Revenue, 422 F.2d 362, 25 A.F.T.R.2d (RIA) 746, 1970 U.S. App. LEXIS 10505 (4th Cir. 1970).

Pincite

Opinion

422 F.2d 362

70-1 USTC P 9261

BERKLEY MACHINE WORKS & FOUNDRY COMPANY, Inc., Appellant,
v.
COMMISSIONER OF INTERNAL REVENUE, Appellee.
Samuel G. JONES, Sr., and Ursula B. Jones, Appellants,
v.
COMMISSIONER OF INTERNAL REVENUE, Appellee.
Samuel G. JONES, Sr., Appellant,
v.
COMMISSIONER OF INTERNAL REVENUE, Appellee.
Samuel G. JONES, Sr., and Estate of Mary Ruth Jones,
Deceased, Samuel G. Jones, Administrator, Appellants,
v.
COMMISSIONER OF INTERNAL REVENUE, Appellee.

Nos. 13621-13624.

United States Court of Appeals, Fourth Circuit.

Argued Feb. 5, 1970.
Decided March 2, 1970.

LeRoy R. Cohen, Jr., Richmond, Va. (Lester I. Bowman, Petersburg, Va., John F. Kelly, Waller R. Staples, III, and Cohen, Kelly, Abeloff, Willey & Bandas, Richmond, Va., on the brief), for appellants.

John Townsend, Jr., Atty., Dept. of Justice (Johnnie M. Walters, Asst. Atty. Gen., Lee A. Jackson, Jonathan S. Cohen and Leonard J. Henzke, Jr., Attys., Dept. of Justice, on the brief), for appellee.

Before SOBELOFF, WINTER, and BUTZNER, Circuit Judges.

PER CURIAM:

In these consolidated cases the Tax Court sustained, with modifications, the Commissioner's determination that the corporate taxpayer had improperly deducted as business expenses under 26 U.S.C. 162 certain expenditures for travel, gifts, entertainment at the corporation's fishing lodge, petty cash disbursements and reimbursements to the controlling stockholder, and wages paid to employees who worked in a furniture workshop on the stockholder's farm.

The Tax Court also sustained the imposition of negligence penalties against the corporation pursuant to 26 U.S.C. 6653(a).

Conversely, the Commissioner determined that expenditures disallowed the corporation constituted constructive dividends to its controlling stockholder. 26 U.S.C. 316(a).

On review we find no error of fact or law, and consequently we affirm on the opinion of the Tax Court. Berkley Machine Works & Foundry Co., TC Memo 1968-278 (Dec. 2, 1968) (Atkins, J.).

Affirmed.

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