Legal Opinion
Indmar Products Co., Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided April 14, 2006No. 05-1573PublishedCited by 32 opinions
1Opinion of the CourtMcKEAGUE, J.
ROGERS, J. (pp. 784 - 788), delivered a separate concurring opinion.
MOORE, J. (pp. 788-791), delivered a separate dissenting opinion.
McKEAGUE, Circuit Judge.
Indmar Products Co., Inc. (“Indmar”) appeals the decision of the Tax Court to disallow interest deductions the company claimed for tax years 1998-2000, and to assess accuracy-related tax penalties for those years. The interest deductions relate to a number of advances made to Indmar by its majority stockholders over several years. Indmar argued at trial that the advances were legitimate loans made to the company, and thus it could…
2Cases cited30 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Pullman-Standard v. SwintSupreme Court of the United States · 1982
- Commissioner v. DubersteinSupreme Court of the United States · 1960
- Concrete Pipe & Products of Cal., Inc. v. Construction Laborers Pension Trust for Southern Cal.Supreme Court of the United States · 1993
- Benjamin D. And Madeline Prentice Gilbert v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1957
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3Cited by32 opinions
- Northeast Ohio Coalition for the Homeless v. HustedCourt of Appeals for the Sixth Circuit · 2016
- United States v. Ralph RohnerCourt of Appeals for the Sixth Circuit · 2015
- Kosinski v. CommissionerCourt of Appeals for the Sixth Circuit · 2008
- Richardson v. CommissionerCourt of Appeals for the Sixth Circuit · 2007
- AWG Leasing Trust v. United StatesDistrict Court, N.D. Ohio · 2008
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