Legal Opinion
Idaho First National Bank Moore Financial Group, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided August 4, 1993No. 91-70697PublishedCited by 10 opinions
1Per curiam
Respondent-appellant Commissioner of Internal Revenue (“Commissioner”) appeals a tax court decision construing 26 C.F.R. § 1.1502-15(a)(2) (1992) in favor of petitioner-appellees Moore Financial Group, Inc. and Idaho First National Bank (collectively, “petitioners”). Petitioners filed consolidated federal tax returns in which they offset losses of an acquired corporation against other consolidation group members’ taxable income. We reverse.
I. Jurisdiction
The tax court had jurisdiction over the petitions for redetermination of deficiencies brought by Moore Financial Group, Inc. (“Moore…
2Cases cited12 opinions
- United States v. Ron Pair Enterprises, Inc.Supreme Court of the United States · 1989
- Caminetti v. United StatesSupreme Court of the United States · 1917
- Griffin v. Oceanic Contractors, Inc.Supreme Court of the United States · 1982
- Rosalyn BROOKER, Plaintiff-Appellant, v. DESERT HOSPITAL CORP., Defendant-Appellee, California Medical Association, AmicusCourt of Appeals for the Ninth Circuit · 1991
- Heinicke Instruments Company, a Corporation v. Republic Corporation, a Corporation, and Samuel N. BergmanCourt of Appeals for the Ninth Circuit · 1976
7 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- E. Robert Nigro, Jr. v. John Sullivan, WardenCourt of Appeals for the Ninth Circuit · 1994
- Textron Inc. v. Commissioner of IRSCourt of Appeals for the First Circuit · 2003
- Inland Empire Public Lands Council v. United States Forest ServiceCourt of Appeals for the Ninth Circuit · 1996
- Inland Empire Public Lands Council v. United States Forest ServiceCourt of Appeals for the Ninth Circuit · 1996
- Weyerhaeuser Co. v. United StatesUnited States Court of Federal Claims · 1994
5 more not listed; retrieve them via the Exa API.