Legal Opinion
Graphic Press, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided September 19, 1975No. 73-3521PublishedCited by 11 opinions
1Opinion of the Court
OPINION
Before TRASK and WALLACE, Circuit Judges, and KELLEHER, * District Judge. WALLACE, Circuit Judge:
Graphic Press, Inc. (Graphic) appeals from a decision of the United States Tax Court upholding an income tax deficiency of $188,248 for the short taxable period July 1 to December 6, 1967. The Tax Court held, with six judges dissenting, that $407,192 of a $725,000 condemnation award from the State of California was not compensation for “property” within the meaning of Internal Revenue Code section 1033. 1 Graphic Press, Inc., 60 T.C. 674 (1973). As such, the taxpayer was not entitled to…
2Cases cited10 opinions
- Kieselbach v. CommissionerSupreme Court of the United States · 1943
- Peter Vaira and Mary L. Vaira v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1971
- City of Los Angeles v. KlinkerCalifornia Supreme Court · 1933
- Winter Realty & Const. Co. v. Commissioner of Int. Rev.Court of Appeals for the Second Circuit · 1945
- Graphic Press, Inc. v. CommissionerUnited States Tax Court · 1973
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Estate of Craft v. CommissionerUnited States Tax Court · 1977
- North Cent. Life Ins. Co. v. CommissionerUnited States Tax Court · 1989
- Tiefenbrunn v. CommissionerUnited States Tax Court · 1980
- Asjes v. CommissionerUnited States Tax Court · 1980
- Buffalo Wire Works Co. v. Comm'rUnited States Tax Court · 1980
6 more not listed; retrieve them via the Exa API.