Legal Opinion
Carland, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided August 21, 1990No. 89-2148PublishedCited by 6 opinions
1Opinion of the Court
LAY, Chief Judge.
Carland, Inc. (Carland) appeals the Tax Court’s decision upholding income tax deficiencies assessed by the Commissioner of Internal Revenue (Commissioner) for the years 1970-1975. The Tax Court sustained deficiencies in the following,amounts: 1970 —$586,844; 1971 — $480,858; 1972 — $212,-449; 1973 — $37,128; 1974 — $36,420; 1975 —$11,227. We affirm in part and reverse in part.
I. BACKGROUND
Since 1964 Carland has been in the business of leasing various types of tangible personal property, including railroad rolling stock, automotive equipment, railway roadway maintenance…
2Cases cited6 opinions
- Massey Motors, Inc. v. United StatesSupreme Court of the United States · 1960
- Fribourg Navigation Co. v. CommissionerSupreme Court of the United States · 1966
- Simms v. Commissioner of Internal RevenueCourt of Appeals for the D.C. Circuit · 1952
- Kansas City S. R. Co. v. CommissionerUnited States Tax Court · 1981
- Carland, Inc. v. CommissionerUnited States Tax Court · 1988
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Abc Rentals Of San Antonio, Inc. v. Commissioner Of Internal RevenueCourt of Appeals for the Tenth Circuit · 1998
- ABC Rentals of San Antonio, Inc. v. CommissionerCourt of Appeals for the Tenth Circuit · 1998
- ABC Rentals of San Antonio, Inc. v. CommissionerCourt of Appeals for the Tenth Circuit · 1996
- ABC Rentals of San Antonio, Inc. v. CommissionerCourt of Appeals for the Tenth Circuit · 1996
- ABC Rentals v. CommissionerUnited States Tax Court · 1999
1 more not listed; retrieve them via the Exa API.