Jud Plumbing & Heating, Inc. v. Commissioner of Internal Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• allocating to a liquidated corporation its prorata portion of profits under uncompleted contracts, notwithstanding the corporation’s completed-contract method of accounting
• Commissioner empowered under predecessor of section 446(b) to allocate part of income realized by shareholder under completed-contract method of accounting to corporation that assigned partially completed construction contract during liquidation

Source: CourtListener parenthetical corpus (CC0).