Legal Opinion
CMA Consol., Inc. v. Comm'r
United States Tax Court
Decided January 31, 2005No. 12746-01UnpublishedCited by 17 opinions
1Opinion of the Court
CMA CONSOLIDATED, INC. & SUBSIDIARIES, INC., Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
CMA Consol., Inc. v. Comm'r
No. 12746-01
United States Tax Court
T.C. Memo 2005-16; 2005 Tax Ct. Memo LEXIS 16; 89 T.C.M. (CCH) 701;
January 31, 2005, Filed
Petitioner was not entitled to its claimed deductions in connection with second lease strip deal. Petitioner was not entitled to ordinary deductions in connection with $ 2,052,900 and $ 1,859,135 amounts claimed for its taxable year ended November 30, 1997. Petitioner was entitled to $ 500,000 deduction for 1997 with respect to Crispin…
2Cases cited86 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. SunnenSupreme Court of the United States · 1948
- Lucas v. EarlSupreme Court of the United States · 1930
- Freytag v. CommissionerSupreme Court of the United States · 1991
81 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Canal Corp. v. Comm'rUnited States Tax Court · 2010
- Bank of N.Y. Mellon Corp. v. Comm'rUnited States Tax Court · 2013
- Reddam v. Comm'rUnited States Tax Court · 2012
- Neal Crispin v. Commissioner of Internal RevenCourt of Appeals for the Third Circuit · 2013
- Rutter v. Comm'rUnited States Tax Court · 2017
12 more not listed; retrieve them via the Exa API.