Legal Opinion
Ford Motor Company v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided February 13, 1996No. 94-1956PublishedCited by 22 opinions
1Opinion of the Court
MILBURN, Circuit Judge.
Petitioner Ford Motor Company (“Ford”) appeals the decision of the United States Tax Court upholding respondent Commissioner of Internal Revenue’s (“Commissioner”) reduction of petitioner’s deductions for its obligations under agreements it entered into in settlement of tort lawsuits against it. On appeal, the issue is whether respondent Commissioner abused her discretion in determining that petitioner’s method of accounting for its structured settlements was not a clear reflection of income under 26 U.S.C. § 446(b) 1 and in ordering petitioner to limit its deduction in…
2Cases cited11 opinions
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Commissioner v. HansenSupreme Court of the United States · 1959
- United States v. Hughes Properties, Inc.Supreme Court of the United States · 1986
- Bruce A. And Marianne S. Prabel v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1989
6 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Keith v. CommissionerUnited States Tax Court · 2000
- Hospital Corp. of Am. v. CommissionerUnited States Tax Court · 1996
- Exxon Mobil Corp. v. CommissionerUnited States Tax Court · 2000
- Wal-Mart Stores, Inc. & Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1998
- In Re Dow Corning Corp.United States Bankruptcy Court, E.D. Michigan · 2001
17 more not listed; retrieve them via the Exa API.