Legal Opinion
Richard H. And Patsy J. Bramblett v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided July 20, 1992No. 91-4145PublishedCited by 18 opinions
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
This tax appeal arises out of a series of transactions entered into by a partnership and a related corporation. The partnership, Mesquite East, and the corporation, Town East, are owned by the same four people, and each person has the same ownership interest in the corporation as he does in the partnership. Mesquite East bought several parcels of land for the stated purpose of investment. It then sold almost all of this land to Town East, which developed it and sold it to various third parties. Mesquite East reported the income from the sale of land at issue as…
2Cases cited12 opinions
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- National Carbide Corp. v. CommissionerSupreme Court of the United States · 1949
- United States v. Ada Belle Winthrop, Individually and as Under the Will of Guy L. Winthrop, DeceasedCourt of Appeals for the Fifth Circuit · 1969
7 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Lloyd E. Williams, Jr. And Mildred A. Williams v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1993
- United States v. McSweenCourt of Appeals for the Fifth Circuit · 1995
- Continental Illinois Corporation, Also Known as Continental Bank Corporation, Cross-Appellee v. Commissioner of Internal Revenue, Cross-AppellantCourt of Appeals for the Seventh Circuit · 1993
- Berger v. CommissionerUnited States Tax Court · 1996
- TAIYO HAWAII CO. v. COMMISSIONERUnited States Tax Court · 1997
13 more not listed; retrieve them via the Exa API.