Legal Opinion
Central Texas Savings & Loan Association v. United States
Court of Appeals for the Fifth Circuit
Decided May 11, 1984No. 83-1169PublishedCited by 40 opinions
1Opinion of the Court
REAVLEY, Circuit Judge:
The government appeals the decision of the district court holding that expenditures made in investigating and establishing new branches of a savings and loan association were deductible expenses under 26 U.S.C. § 162(a) (1976). We agree with the government’s contention that such expenditures should have been capitalized.
I. Statement of the Case
Central Texas Savings & Loan Association (Central Texas), with its principal place of business and home office in Marlin, Texas, opened Texas branch offices in Waco (1973), Temple (1974), Rosebud (1976), and Mart (1976). The…
2Cases cited18 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Woodward v. CommissionerSupreme Court of the United States · 1970
- Commissioner v. Lincoln Savings & Loan Ass'nSupreme Court of the United States · 1971
- Commissioner v. Idaho Power Co.Supreme Court of the United States · 1974
- Richmond Television Corporation v. United StatesCourt of Appeals for the Fourth Circuit · 1965
13 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Indopco, Inc. v. CommissionerSupreme Court of the United States · 1992
- Seligman v. CommissionerUnited States Tax Court · 1985
- Citizens & Southern Corp. v. CommissionerUnited States Tax Court · 1988
- John K. Johnsen Frances Johnsen, Cross-Appellants v. Commissioner of Internal Revenue, Cross-AppelleeCourt of Appeals for the Sixth Circuit · 1986
- FMR CORP. v. COMMISSIONERUnited States Tax Court · 1998
35 more not listed; retrieve them via the Exa API.