...30, 1972] § 1.532 Statutory provisions; corporations subject to accumulated earnings tax. SEC. 632. Corporations subject to accumulated earnings tax —...described In subsection (b) > formed or availed of lor the purpose of avoiding the Income tax with respect to Its shareholders or the shareholders ol...

...accumulated taxable income. § 1.532 Statutory provisions; corporations subject to accumulated earnings tax. SEC. 532. Corporations subject to accumulated earnings...tax — (a) General rule. The accumulated earnings taz Imposed by section 531 shall apply to every corporation (other than those described in subsection...

...1966 Federal income tax return filed by a corporate taxpayer, it was determined that the taxpayer was availed of for the purpose of avoiding the income tax with respect to its shareholders by permitting earnings and profits to accumulate instead of being divided or distributed in the taxable...

...Investment Act of 1958, from the tax on accumulated earnings. This tax applies to a corporation formed or availed of for the purpose of avoiding the income tax with respect to its shareholders by permitting earnings and profits to accumulate instead of being divided or distributed. Although...

..."The accumulated earnings tax imposed by section 531 shall apply to every corporation • * * formed or availed of for the purpose of avoiding the income tax with respect to its shareholders * * * by permitting earnings and profits to accumulate instead of being divided or distributed * *...

...evidence that a corporation which distributes or invests 60 percent of its taxable income is not being availed of for the purpose of avoiding the income tax with respect to shareholders; to the Committee on Finance. 150 Alken Pulbrlght Anderson Qore Bayh Gruenlng Bennett...

...law upon accumulations of income by businesses become operative only where a corporation is "formed or availed of for the purpose of avoiding the income tax with respect to its shareholders"; where the shareholders of the business are themselves tax exempt, the limitations may not apply. Similarly,...

...law upon accumulations of income by businesses become operative only where a corporation is "formed or availed of for the purpose of avoiding the income tax with respect to its shareholders"; where the shareholders of the business are themselves tax exempt, the limitations may not apply. Similarly,...

...lav; upon accumulations of income by businesses become rpsmtive'" only where a corporation is "formed or availed of for the purpose of avoiding the income tax with respect to its shareholders'' r where the shareholders of the business are themselves tax exempt, the limitations may not apply....

...important question of whether in applying the tax imposed on accumulated earnings of a corporation "availed of for the purpose of avoiding the income tax with respect to its shareholders," it is necessary that the corporation have as its "dominant, controlling, or impelling" motive the avoidance...