Intermet Corp. v. Comm'r
United States Tax Court
In Intermet Corp. & Subs. v. Commissioner, 209 F.3d 901 (6th Cir. 2000), revg. and remanding 111 T.C. 294 (1998), the Court of Appeals remanded this case to the Court to determine whether amounts that P paid to satisfy its State tax liabilities and interest on Federal and State tax liabilities, qualify as "specified liability losses" within the meaning of sec. 172(f)(1)(B), I.R.C.
Read the full summary
In Intermet Corp. & Subs. v. Commissioner, 209 F.3d 901 (6th Cir. 2000), revg. and remanding 111 T.C. 294 (1998), the Court of Appeals remanded this case to the Court to determine whether amounts that P paid to satisfy its State tax liabilities and interest on Federal and State tax liabilities, qualify as "specified liability losses" within the meaning of sec. 172(f)(1)(B), I.R.C. HELD: P's State tax liabilities and interest on Federal and State tax liabilities qualify as "specified liability losses" within the meaning of sec. 172(f)(1)(B), I.R.C.
1Opinion of the Court
INTERMET CORPORATION & SUBSIDIARIES, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Intermet Corp. v. Comm'r
No. 8246-97
United States Tax Court
117 T.C. 133; 2001 U.S. Tax Ct. LEXIS 44; 117 T.C. No. 13;
October 2, 2001, Filed
Decision will be entered pursuant to Rule 155.
In Intermet Corp. & Subs. v. Commissioner, 209 F.3d 901
(6th Cir. 2000), revg. and remanding 111 T.C. 294 (1998), the
Court of Appeals remanded this case to the Court to determine
whether amounts that P paid to satisfy its State tax liabilities
and interest on Federal and State tax liabilities, qualify as
"specified…
2Cases cited6 opinions
- Intermet Corporation & Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 2000
- Sealy Corp. v. CommissionerUnited States Tax Court · 1996
- Host Marriott Corp. v. United StatesDistrict Court, D. Maryland · 2000
- Intermet Corp. v. Comm'rUnited States Tax Court · 2001
- Host Marriott Corporation v. United States of America, Manufacturers Alliance/mapi Incorporated, Amicus CuriaeCourt of Appeals for the Fourth Circuit · 2001
1 more not listed; retrieve them via the Exa API.