Legal Opinion
Custom Chrome, Inc., and Subsidiaries v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided July 10, 2000No. 98-71378PublishedCited by 30 opinions
1Opinion of the Court
TASHIMA, Circuit Judge:
Custom Chrome, Inc., an indepepdent supplier of Harley-Davidson motorcycle parts and accessories, and its subsidiaries, appeal from the decision of the Tax Court determining deficiencies in Custom Chrome’s income taxes for the tax years 1992-1994. Specifically, Custom Chrome appeals the Tax Court’s determination that warrants issued by Custom Chrome to its lender in connection with a loan transaction were valueless, so that Custom Chrome was not entitled to any deductions relating to the warrants. Custom Chrome also appeals the Tax Court’s holding that it was not…
2Cases cited22 opinions
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- World of Sleep, Inc. v. La-Z-Boy Chair Co.Court of Appeals for the Tenth Circuit · 1985
- United States v. Hilton Hotels Corp.Supreme Court of the United States · 1970
- UNITED STATES of America, Plaintiff-Appellee, v. Richard J. SMITH, Defendant-AppellantCourt of Appeals for the Ninth Circuit · 1998
- Preben Norgaard Sandra C. Norgaard v. Commissioner Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1991
17 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Barrett v. Veritas OffshoreCourt of Appeals for the First Circuit · 2001
- Klamath Strategic Investment Fund, LLC v. United StatesDistrict Court, E.D. Texas · 2007
- Best Life Assurance Company of California v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2002
- Milenbach v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2003
- Internal Revenue Service v. CM Holdings, Inc. (In Re CM Holdings, Inc.)District Court, D. Delaware · 2000
25 more not listed; retrieve them via the Exa API.