Legal Opinion
Palahnuk v. United States
Court of Appeals for the Federal Circuit
Decided February 12, 2007No. 2006-5069PublishedCited by 12 opinions
1Opinion of the Court
MAYER, Circuit Judge.
Jonathan and Kimberly Palahnuk (“Appellants”) appeal from the judgment of the United States Court of Federal Claims that income from stock options was taxable in the year they exercised their options rather than when they paid off the margin loan used to purchase the stock. Palahnuk v. United States, 70 Fed.Cl. 87 (2006). We affirm.
Background
Jonathan Palahnuk (“Palahnuk”) entered into two agreements with his employer, Metromedia Fiber Network, Inc. (“Metromedia”), to purchase shares of Metromedia Class A common stock. The first agreement gave him the option to purchase…
2Cases cited6 opinions
- Dana Corporation v. United States, Defendant-CrossCourt of Appeals for the Federal Circuit · 1999
- Lacavera v. DudasCourt of Appeals for the Federal Circuit · 2006
- United States v. James H. TuffCourt of Appeals for the Ninth Circuit · 2006
- Palahnuk v. United StatesUnited States Court of Federal Claims · 2006
- Facq v. United StatesDistrict Court, W.D. Washington · 2005
1 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Sharp v. United StatesCourt of Appeals for the Federal Circuit · 2009
- Chicago Coating Company, LLC v. United StatesCourt of Appeals for the Federal Circuit · 2018
- Salman Ranch Ltd. v. United StatesUnited States Court of Federal Claims · 2007
- Alimanestianu v. United StatesCourt of Appeals for the Federal Circuit · 2018
- Aviation & Gen. Ins. Co., Ltd. v. United StatesCourt of Appeals for the Federal Circuit · 2018
7 more not listed; retrieve them via the Exa API.