Hermax Co. v. Commissioner

Third Circuit

Hermax Co. v. Commissioner

175 F.2d 776, 38 A.F.T.R. (P-H) 126, 1949 U.S. App. LEXIS 4484

CourtCourt of Appeals for the Third Circuit

DecidedJuly 29, 1949

DocketNo. 9901

StatusPublished

Cited by2 cases

This text of 175 F.2d 776 (Hermax Co. v. Commissioner) is published on Counsel Stack Legal Research, covering Court of Appeals for the Third Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Hermax Co. v. Commissioner, 175 F.2d 776, 38 A.F.T.R. (P-H) 126, 1949 U.S. App. LEXIS 4484 (3d Cir. 1949).

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Opinion

PER CURIAM.

We agree with ‘the Tax Court that the taxpayer has not shown reasonable cause for its failure to file personal holding company returns. Cf. our decision in Hatfried, Inc. v. Commissioner of Internal Revenue, 162 K2d 628. It follows that the taxpayer must be held liable for the statutory penalty for the years involved. Accordingly the decision of the Tax Court will be affirmed on its decision as reported in 11 T.C. 442.

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PER CURIAM.

We agree with ‘the Tax Court that the taxpayer has not shown reasonable cause for its failure to file personal holding company returns. Cf. our decision in Hatfried, Inc. v. Commissioner of Internal Revenue, 162 K2d 628. It follows that the taxpayer must be held liable for the statutory penalty for the years involved. Accordingly the decision of the Tax Court will be affirmed on its decision as reported in 11 T.C. 442.

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Bluebook (online)

175 F.2d 776, 38 A.F.T.R. (P-H) 126, 1949 U.S. App. LEXIS 4484, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hermax-co-v-commissioner-ca3-1949.

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