Commissioner v. Idaho Power Co.

418 U.S. 1 (1974)

COMMISSIONER OF INTERNAL REVENUE

v.

IDAHO POWER CO.

No. 73-263.

Supreme Court of United States.

Argued February 27, 1974.

Decided June 24, 1974.

CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT.

Keith A. Jones argued the cause for petitioner. With him on the briefs were Solicitor General Bork, Assistant Attorney General Crampton, and Elmer J. Kelsey.

Frank Norton Kern argued the cause for respondent. With him on the brief was Lawrence Chase Wilson.

This case presents the sole issue whether, for federal income tax purposes, a taxpayer is entitled to a deduction…