Legal Opinion
Sharp v. United States
District Court, D. Delaware
Decided December 1, 1961No. Civ. A. 2251, 2250PublishedCited by 8 opinions
1Opinion of the Court
LAYTON, District Judge.
This is a ruling on cross motions for summary judgment under Rule 56 1 by taxpayers and defendant in these two actions brought by taxpayers to recover alleged overpayments of federal income taxes for the calendar year 1954. The two actions were consolidated previously on stipulation of counsel.
Plaintiffs, Hugh' R. Sharp, Jr., and Bayard Sharp, were equal partners in a partnership which on December 17, 1946,' purchased a Beechcraft airplane at a cost of $45,875. From 1948 to-1953', additional capital expenditures were made with respect to the airplane in the amount of…
2Cases cited14 opinions
- Burnet v. HarmelSupreme Court of the United States · 1932
- Crane v. CommissionerSupreme Court of the United States · 1947
- Lyeth v. HoeySupreme Court of the United States · 1938
- United States v. PelzerSupreme Court of the United States · 1941
- Watson v. CommissionerSupreme Court of the United States · 1953
9 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Alexander v. CommissionerUnited States Tax Court · 1991
- Manu-Mine Research & Development Co. v. CommissionerUnited States Tax Court · 1967
- CBS Corp. v. United StatesUnited States Court of Federal Claims · 2012
- Sharp v. United StatesCourt of Appeals for the Third Circuit · 1962
- Snyder v. CommissionerUnited States Tax Court · 1975
3 more not listed; retrieve them via the Exa API.