Legal Opinion
Jostens, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided February 5, 1992No. 90-2907PublishedCited by 5 opinions
1Opinion of the Court
FAGG, Circuit Judge.
Jostens, Inc. appeals the Tax Court’s decision determining deficiencies in Jostens’s income tax for its 1980, 1981, and 1982 tax years. The Tax Court thoroughly addressed Jostens’s fact-specific contentions. 58 T.C.M. (CCH) 933 (1989), modified, 58 T.C.M. (CCH) 1520 (1990). Thus, we affirm without extensive discussion.
Jostens first contends the Tax Court erroneously concluded Jostens failed to justify its write-down of a portion of its jewelry-stone inventory that it considered “inactive.” To justify the write-down of its inactive stones, Jostens agrees it must show they…
2Cases cited11 opinions
- Sean Thompson-El v. Jimmy Jones, Superintendent Dick Moore, Theresa ThornburgCourt of Appeals for the Eighth Circuit · 1989
- Stephen B. Scallen and Chacke Y. Scallen v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1989
- Estate of D.D. Palmer, Deceased, Richard L. Braunstein and Davenport Bank & Trust Co., Executors and A.H. Palmer v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1988
- Roth Steel Tube Company v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1980
- UFE, Inc. v. CommissionerUnited States Tax Court · 1989
6 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Meredith Corp. v. CommissionerUnited States Tax Court · 1994
- Jon J. Paulson Gloria J. Paulson v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1993
- Meredith Corp. v. CommissionerUnited States Tax Court · 1994
- Renner v. CommissionerUnited States Tax Court · 1994
- Sears Imported Autos, Inc. v. CommissionerUnited States Tax Court · 1992