Legal Opinion
Jefferson Memorial Gardens, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided March 7, 1968No. 24773_1PublishedCited by 11 opinions
1Opinion of the Court
BEN C. DAWKINS, JR., District Judge:
Presented here is a petition for review of a decision of the Tax Court upholding income tax deficiency assessments1 against Jefferson Memorial Gardens, Inc. (hereinafter petitioner or taxpayer) for the years 1957, 1958, and 1959. There are two questions for decision: first, whether petitioner is entitled to a higher acquisition basis on certain real estate acquired by it for use in the cemetery business; and second, whether petitioner is entitled to exclude from its gross income certain installment receipts representing partial satisfaction of the sales…
2Cases cited17 opinions
- Helvering v. GowranSupreme Court of the United States · 1937
- Commissioner of Internal Rev. v. Laguna Land & W. Co.Court of Appeals for the Ninth Circuit · 1941
- Sherwood Memorial Gardens, Inc., (Tennessee) v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1965
- Commissioner of Internal Revenue v. Cedar Park Cemetery Ass'n, IncCourt of Appeals for the Seventh Circuit · 1950
- National Memorial Park v. Commissioner of Int. Rev.Court of Appeals for the Fourth Circuit · 1944
12 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Angelus Funeral Home v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1969
- Fred W. Steffens and Margaret T. Steffens v. Commissioner of Internal Revenue ServiceCourt of Appeals for the Eleventh Circuit · 1983
- United States v. Robert R. KrilichCourt of Appeals for the Seventh Circuit · 1972
- Haynsworth v. CommissionerUnited States Tax Court · 1977
- Rose Hills Memorial Park Ass'n v. United StatesUnited States Court of Claims · 1972
6 more not listed; retrieve them via the Exa API.