Legal Opinion
Sollberger v. Commissioner
Court of Appeals for the Ninth Circuit
Decided August 16, 2012No. 11-71883PublishedCited by 11 opinions
1Opinion of the Court
OPINION
M. SMITH, Circuit Judge:
Petitioner-Appellant Kurt Sollberger (Sollberger) appeals from a decision of the United States Tax Court (the tax court), which concluded that he owes $128,979 in income tax for the 2004 taxable year. Sollberger entered into an agreement with Optech Limited (Optech) pursuant to which he transferred floating rate notes (FRNs) worth approximately $1 million to Optech in return for a nonrecourse loan of ninety percent of the FRNs’ value. The loan agreement gave Optech the right to receive all dividends and interest on the FRNs, and the right to sell the FRNs during…
2Cases cited13 opinions
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Commissioner v. BrownSupreme Court of the United States · 1965
- Grodt & McKay Realty, Inc. v. CommissionerUnited States Tax Court · 1981
- Commissioner v. TuftsSupreme Court of the United States · 1983
- Don E. Williams Co. v. CommissionerSupreme Court of the United States · 1977
8 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Lizzie W. Calloway v. Commissioner of IRSCourt of Appeals for the Eleventh Circuit · 2012
- Alhadi v. Comm'rUnited States Tax Court · 2016
- Engstrom, Lipscomb & Lack, APC v. Comm'rUnited States Tax Court · 2014
- Seaview Trading, LLC, Agk Inve v. CirCourt of Appeals for the Ninth Circuit · 2022
- Craig Potts v. CirCourt of Appeals for the Ninth Circuit · 2019
6 more not listed; retrieve them via the Exa API.