Legal Opinion
Rankin v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided June 27, 1932No. 5886PublishedCited by 10 opinions
1Opinion of the Court
MOORMAN, Circuit Judge.
On Juno 15, 1930, the petitioner, a publisher in Nashville, Tenn., entered into a •written agreement with his sister-in-law for the use of her residence for his plant. The agreement was-to run “until such time” as the petitioner should purchase the property, but not exceeding a period of two years. Meanwhile, until the petitioner consummated the purchase, lie was to pay the insurances and taxes and a rental of $150 a, month, the equivalent of 6 per cent, per annum on $30,-000, the agreed value of the property. lie was also to expend not less than $10,000 for…
2Cases cited3 opinions
- Frank & Seder Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1930
- Zimmern v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1928
- Atwater Kent Mfg. Co. v. Commissioner of Int. Rev.Court of Appeals for the Third Circuit · 1930
3Cited by10 opinions
- Herbert W. Dustin and Kathleen C. Dustin v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1972
- Cesare v. WorkOhio Court of Appeals · 1987
- Hotel Sulgrave, Inc. v. CommissionerUnited States Tax Court · 1954
- Fishing Tackle Products Co. v. CommissionerUnited States Tax Court · 1957
- Vincent v. CommissionerUnited States Tax Court · 1952
5 more not listed; retrieve them via the Exa API.