Panyard Machine & Manufacturing Co. v. Commissioner

How courts have described this case

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

• “The corporation is liable for a substantial tax upon the diverted income it failed to report. Further tax will be collected from - 20 - [ ] taxpayers under the constructive dividend theory.”

Source: CourtListener parenthetical corpus (CC0).