First Nat. Bank of Kansas City v. Nee
Court of Appeals for the First Circuit
1Opinion of the Court
DELEHANT, District Judge.
The bank’s appeal presents the question whether, under the facts, as either admitted or established, the bank in its temporary position as executor in possession was entitled in the determination of its income tax for the years 1940 and 1941 to deduct from gross income, depreciation on the value of an asserted interest in a building erected by the tenant under a long term lease and located on a parcel of real estate belonging to the estate of the decedent, who was lessor in the lease. The situation in which the controversy arose will now be recalled as briefly as…
Also in this document: Concurrence.
2Cases cited14 opinions
- Helvering v. F. & R. Lazarus & Co.Supreme Court of the United States · 1939
- Lynch v. Alworth-Stephens Co.Supreme Court of the United States · 1925
- Helvering v. BruunSupreme Court of the United States · 1940
- Moore v. CommissionerUnited States Tax Court · 1950
- Board of Com'rs v. YoungCourt of Appeals for the Sixth Circuit · 1893
9 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- United States v. W. H. CockeCourt of Appeals for the Fifth Circuit · 1968
- Commissioner of Internal Revenue v. Moore. Moore v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1953
- Rosalie M. Schubert v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1961
- World Publishing Company v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1962
- Currier v. CommissionerUnited States Tax Court · 1968
16 more not listed; retrieve them via the Exa API.