Legal Opinion
Don D. Dial Elizabeth A. Dial v. Commissioner Internal Revenue Service
Court of Appeals for the Ninth Circuit
Decided June 30, 1992No. 90-70231PublishedCited by 8 opinions
1Opinion of the Court
CANBY, Circuit Judge.
Don Dial 1 appeals a summary judgment of the Tax Court finding deficiencies in his federal income taxes for 1977, 1978, and 1979. We affirm.
BACKGROUND
During the years in question, Dial traded in Treasury bill futures contracts for his own account. As the Tax Court explained, Treasury bills are short-term debt obligations of the United States that are sold at a price discounted below face value. The return to a holder of a Treasury bill is the difference between the discounted price and the face value at maturity. As the interest rate varies, prices at which Treasury bills…
2Cases cited19 opinions
- Edward G. Eldridge v. Sherman BlockCourt of Appeals for the Ninth Circuit · 1987
- James B. Beam Distilling Co. v. GeorgiaSupreme Court of the United States · 1991
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- United States v. First National Bank of CircleCourt of Appeals for the First Circuit · 1981
- Arkansas Best Corp. v. CommissionerSupreme Court of the United States · 1988
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3Cited by8 opinions
- Federal Nat'l Mortgage Ass'n v. CommissionerUnited States Tax Court · 1993
- Sierra Club Inc. v. Commissioner Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1996
- In re WylyUnited States Bankruptcy Court, N.D. Texas · 2016
- Charles L. Murphy v. United StatesCourt of Appeals for the Ninth Circuit · 1993
- Eloise Kirby Taylor v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1994
3 more not listed; retrieve them via the Exa API.