Legal Opinion
Asphalt Products Co., Inc., Cross-Appellee v. Commissioner of Internal Revenue, Cross-Appellant
Court of Appeals for the Sixth Circuit
Decided July 17, 1986No. 84-1841, 84-1882PublishedCited by 33 opinions
1Opinion of the Court
LIVELY, Chief Judge.
This tax case presents issues related to the method of accounting employed by a taxpayer and the application of the negligence penalty provided for in section 6653 of the Internal Revenue Code (the Code), 26 U.S.C. § 6653 (1982). Asphalt Products Co., Inc. (the taxpayer) appeals from a decision of the United States Tax Court upholding an income tax deficiency assessment by the Commissioner of Internal Revenue (the Commissioner) for 1974. The Tax Court also affirmed the addition of a five percent negligence penalty on the total deficiency. The Commissioner has filed a…
2Cases cited11 opinions
- Automobile Club of Mich. v. CommissionerSupreme Court of the United States · 1957
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Commissioner v. HansenSupreme Court of the United States · 1959
- Wallace J. Vnuk and Frances R. Vnuk v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1980
- Caldwell v. Commissioner of Internal Revenue. Commissioner of Internal Revenue v. CaldwellCourt of Appeals for the Second Circuit · 1953
6 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Commissioner v. Asphalt Products Co.Supreme Court of the United States · 1987
- Ansley-Sheppard-Burgess Co. v. CommissionerUnited States Tax Court · 1995
- Ralston Development Corporation v. United StatesCourt of Appeals for the Tenth Circuit · 1991
- RLC Indus. Co. v. CommissionerUnited States Tax Court · 1992
- American Fletcher Corporation v. United StatesCourt of Appeals for the Seventh Circuit · 1987
28 more not listed; retrieve them via the Exa API.