Legal Opinion
John D. Crouch v. United States
Court of Appeals for the Tenth Circuit
Decided October 25, 1982No. 81-1196PublishedCited by 18 opinions
1Opinion of the Court
LOGAN, Circuit Judge.
John D. Crouch appeals from the district court’s judgment denying his claim for a refund of taxes paid to the United States. 509 F.Supp. 727. The issues on appeal are whether the trial court correctly held (1) the taxpayer is not entitled to an interest expense deduction for amounts he paid on a loan made to his wholly owned corporation, and (2) the corporation’s election to be taxed as a small business corporation under Subchapter S terminated in 1970 because rents received were passive investment income within the meaning of I.R.C. § 1372(e)(5).
This case was submitted…
2Cases cited19 opinions
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Moline Properties, Inc. v. CommissionerSupreme Court of the United States · 1943
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- Burnet v. Commonwealth Improvement Co.Supreme Court of the United States · 1932
14 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Byram v. United StatesCourt of Appeals for the Fifth Circuit · 1983
- Joseph A. Roccaforte, Jr. And Sandra F. Roccaforte, Cross-Appellants v. Commissioner of Internal Revenue, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1983
- Strick Corporation, Appellant/cross-Appellee v. United States of America, Appellee/cross-AppellantCourt of Appeals for the Third Circuit · 1983
- Ourisman v. CommissionerUnited States Tax Court · 1984
- Vaughn v. United StatesUnited States Court of Claims · 1983
13 more not listed; retrieve them via the Exa API.