Legal Opinion
University Properties, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided May 22, 1967No. 21037_1PublishedCited by 35 opinions
1Opinion of the Court
MERRILL, Circuit Judge:
Petitioner seeks review of a decision of the Tax Court holding that certain payments made by it as lessee of realty cannot be deducted from current income as rentals or other business expense. 45 T.C. 416 (1966).
In 1953 the University of Washington leased to petitioner a tract of land in downtown Seattle for a term of 35 years, commencing November 1, 1954. Fixed rent payments were established for the first four years; thereafter the rent was to be a percentage of the gross rentals received by petitioner from subten ants of buildings and offices in the tract. A fixed…
2Cases cited6 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Baton Coal Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1931
- University Properties, Inc. v. CommissionerUnited States Tax Court · 1966
- Main & McKinney Bldg. Co., of Houston v. CommissionerCourt of Appeals for the Fifth Circuit · 1940
- Utter-Mckinley Mortuaries, a Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1955
1 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Sandor v. CommissionerUnited States Tax Court · 1974
- Seaman v. CommissionerUnited States Tax Court · 1985
- Keller v. CommissionerUnited States Tax Court · 1982
- Martin J. And Margaret M. Zaninovich and Vincent M. And Dorothy F. Zaninovich v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1980
- Smith v. CommissionerUnited States Tax Court · 1968
30 more not listed; retrieve them via the Exa API.