Legal Opinion
Black Hills Corporation, Doing Business as Black Hills Power and Light Company and Subsidiaries v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided January 10, 1996No. 94-2527PublishedCited by 25 opinions
1Opinion of the Court
McMILLIAN, Circuit Judge.
Black Hills Corp., doing business as Black Hills Power & Light Co. (Black Hills), appeals from a final decision of the Tax Court 1 determining that annual premium expenses for 1983 and 1984 of Wyodak Resources Development Corp. (Wyodak), a subsidiary of Black Hills, for insurance issued by Security Offshore Insurance, Ltd. (SOIL), were capital expenditures and not deductible under § 162(a) of the Internal Revenue Code, 26 U.S.C. § 162(a), as “ordinary and necessary” business expenses. Black Hills Corp. v. Commissioner, 101 T.C. 173, 1993 WL 291728 (1993), modified,…
2Cases cited9 opinions
- Indopco, Inc. v. CommissionerSupreme Court of the United States · 1992
- Commissioner v. Lincoln Savings & Loan Ass'nSupreme Court of the United States · 1971
- United States v. General Dynamics Corp.Supreme Court of the United States · 1987
- Sargent v. CommissionerCourt of Appeals for the Eighth Circuit · 1991
- United States v. Weber Paper CompanyCourt of Appeals for the Eighth Circuit · 1963
4 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Brandon Richard Roberts, by and Through His Parents, Mary Rodenberg-Roberts and Richard Roberts v. Kindercare Learning Centers, Inc.Court of Appeals for the Eighth Circuit · 1996
- Cooperative Finance Ass'n, Inc. v. GarstDistrict Court, N.D. Iowa · 1996
- Connecticut Mut. Life Ins. Co. v. CommissionerUnited States Tax Court · 1996
- Joseph Baldwin Campbell v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1999
- Wal-Mart Stores, Inc. & Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1998
20 more not listed; retrieve them via the Exa API.