Narrative Opinion Summary
Allied-Signal Inc., as the successor by merger to Allied Corporation (formerly Allied Chemical Corporation), appealed a decision from the Commissioner of Internal Revenue Service regarding tax-related matters. The case, numbered 94-7336, was reviewed by the United States Court of Appeals for the Third Circuit. On February 23, 1995, the appellate court affirmed the decision of the lower court (C.I.R. No. 89-09662), maintaining the original ruling concerning the tax issues raised by Allied-Signal Inc. The case is documented as 54 F.3d 767, 40 ERC 1660, 75 A.F.T.R.2d 95-1287, 95-1 USTC P 50,151, and referenced in 25 Environmental Law Reporter 21,182.
Legal Issues Addressed
Appellate Review of Tax Decisionssubscribe to see similar legal issues
Application: The United States Court of Appeals for the Third Circuit reviewed and affirmed the decision of the Commissioner of Internal Revenue Service concerning tax-related matters.
Reasoning: On February 23, 1995, the appellate court affirmed the decision of the lower court (C.I.R. No. 89-09662), maintaining the original ruling concerning the tax issues raised by Allied-Signal Inc.
Successor Liability in Tax Matterssubscribe to see similar legal issues
Application: Allied-Signal Inc., as the successor by merger to Allied Corporation, was held liable for the tax issues under dispute in the case.
Reasoning: Allied-Signal Inc., as the successor by merger to Allied Corporation (formerly Allied Chemical Corporation), appealed a decision from the Commissioner of Internal Revenue Service regarding tax-related matters.