Legal Opinion
James A. Shriver v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided May 16, 1990No. 89-1015PublishedCited by 54 opinions
1Opinion of the Court
HENLEY, Senior Circuit Judge.
Petitioner-appellant James A. Shriver appeals the decision of the United States Tax Court 1 which found tax deficiencies for 1980 and 1981 of $23,549.00 and $30,846.00, respectively, due to improperly claimed tax deductions in connection with the sale and leaseback of certain computer equipment. The court found that the transaction in question was a sham, to be disregarded for tax purposes, because it had no non-tax purpose and was without potential for economic profit. This is one of several cases which have been selected as representative test cases arising from…
2Cases cited11 opinions
- Anderson v. City of Bessemer CitySupreme Court of the United States · 1985
- Gregory v. HelveringSupreme Court of the United States · 1935
- Higgins v. SmithSupreme Court of the United States · 1940
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1985
6 more not listed; retrieve them via the Exa API.
3Cited by54 opinions
- Casebeer v. CommissionerCourt of Appeals for the Ninth Circuit · 1990
- LaVerne v. CommissionerUnited States Tax Court · 1990
- Winn-Dixie Stores v. Comm'rUnited States Tax Court · 1999
- Sheldon v. Comm'rUnited States Tax Court · 1990
- Moser v. CommissionerCourt of Appeals for the Eighth Circuit · 1990
49 more not listed; retrieve them via the Exa API.