3 edition of ARKANSAS BEST CORP. found in the catalog.
ARKANSAS BEST CORP.
ICON Group Ltd.
April 25, 2000 by Icon Group International .
Written in English
|The Physical Object|
|Number of Pages||17|
Wildcat wells created two Arkansas oil and natural gas boom towns, boosted the young career of H. Arkansas Best challenged those disallowances in a petition to the Tax Court. Riss v. It is therefore apparent that, consistent with Corn Products, the stock was purchased as an integral and necessary act in the conduct of Arkansas Best's business as a holding company. Note, supra, at
The U. A Certificate of Good Standing serves many business and legal purposes for companies in Arkansas. Hanson and C. After this initial spurt of acquisition activity to start the decade, the company was enjoying encouraging success, with nearly every facet of its business demonstrating vibrant growth. We reverse insofar as the Tax Court allowed ordinary loss treatment for any of the capital stock transactions.
Oil was discovered in Arkansas, near El Doradoin Footnotes should be numbered consecutively. For the reasons delineated above, we do not agree with the Fifth Circuit's interpretation of section A small agricultural and sawmill community with a population ofSmackover had been settled by French fur trappers in The Postwar Era The decline of industrial output after the war was offset by the vigorous efforts of a state development commission formed in to attract new industry to Arkansas.
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Although ABC collected roughly 80 percent of its annual revenues from its trucking business, the most promising segment of its business, at least in terms of financial growth, was its newly acquired furniture company. The NEARA Award was established in to honor volunteers from the Lawrence County Historical Society who saved the territorial records for future researchers when the Powhatan county seat was abandoned in Other impoverished farmers migrated west to California as "Arkies" —like the "Okies" from neighboring Oklahoma.
In addition, in Arkansas Best bought the Bank stock held by one of its subsidiaries, an insurance company. We thus hold that Arkansas Best's losses upon disposition of the Bank stock are not entitled to ordinary loss treatment, regardless of when or why the stock was acquired.
According to historian Don Lambert, by Sidney Umsted operated a large sawmill and logging venture two miles north of town.
Other courts have rejected this test, at least for situations in which the taxpayer had mixed motives for acquiring the asset, and have replaced it with a substantial investment purpose test.
Citing Case F. With the fortunes of the state pegged to the price of cotton, the depression of the early s see Great Depression struck hard. Bibliography See L. Bill Clinton, the governor of Arkansas —81, —92was elected president of the United States in Foster and Billy W.
It seems to us that ARKANSAS BEST CORP. book of the last places where the legal system deliberately should foster subjectivity and uncertainty is in the tax code. The museum includes a five-acre Oilfield Park with operating examples of oil producing technologies used in south Arkansas oilfields from the s to today.
This award was established through the initiative and generosity of Timothy G. Arkansas has become a leading producer of poultry, raising over one billion broiler chickens a year; turkeys, dairy goods, and catfish are also important.
The lives of the people of the Ozarks remained largely unchanged; they retained the customs, skills, and superstitions that have given the hill folk their distinctive regional characteristics.
Arkansas Best Corp.
Thereafter, in AugustArkansas Best filed a ARKANSAS BEST CORP. book of divestiture and began trying to sell its Bank stock.Arkansas RV camping locations offer spectacular scenery, solitude, and interesting history.
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Supreme Court recently resolved these past uncertainties in Arkansas Best Corp. v. Commissioner.7 This Article examines the Supreme Court's decision in Arkansas Best and explores the development of the Corn Products doctrine.
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