Cameron v. Commissioner
United States Tax Court
Held, commercial feedlot operator is a farmer within the meaning of sec. 1.471-6(a), Income Tax Regs., and therefor is entitled to file its federal income tax return on the cash receipts and disbursements method of accounting. Maple Leaf Farms, Inc. v. Commissioner,64 T.C. 438 (1975), applied. Hi-Plains Enterprises, Inc. v. Commissioner,60 T.C. 158 (1973), affd. 496 F.2d 520 (10th Cir. 1974), followed.
1Opinion of the Court
DANIEL E. CAMERON and ESTATE OF BARBARA CAMERON, BANK OF AMERICA NT&SA, EXECUTOR, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent; DANIEL E. CAMERON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Cameron v. Commissioner
Docket Nos. 11111-79, 15083-80.
United States Tax Court
T.C. Memo 1982-259; 1982 Tax Ct. Memo LEXIS 488; 43 T.C.M. (CCH) 1341; T.C.M. (RIA) 82259;
May 10, 1982.
Held, commercial feedlot operator is a farmer within the meaning of sec. 1.471-6(a), Income Tax Regs., and therefor is entitled to file its federal income tax return on the cash receipts and…
2Cases cited9 opinions
- Van Raden v. CommissionerUnited States Tax Court · 1979
- Garth v. CommissionerUnited States Tax Court · 1971
- Hi-Plains Enterprises, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1974
- Hi-Plains Enterprises, Inc. v. CommissionerUnited States Tax Court · 1973
- Maple Leaf Farms, Inc. v. CommissionerUnited States Tax Court · 1975
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