Legal Opinion
Centennial Savings Bank FSB v. United States
District Court, N.D. Texas
Decided January 22, 1988No. Civ. A. 3-86-1396-HPublishedCited by 13 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SANDERS, Acting Chief Judge.
In this nonjury case Plaintiff, Centennial Savings Bank FSB (“Centennial”), sues Defendant, United States of America (“government”), to recover federal income taxes collected from Centennial.
The case involves two discrete issues affecting Centennial’s federal income tax lia bility for the years 1969-1981 (1971 excluded). The first relates to the tax consequences to Centennial of Mortgage Participation Sale Agreements entered into and consummated with the Federal National Mortgage Association (“FNMA”) in 1981; the second concerns the tax…
2Cases cited20 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Commissioner v. South Texas Lumber Co.Supreme Court of the United States · 1948
- United States v. CorrellSupreme Court of the United States · 1967
15 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- United States v. Centennial Savings Bank FSBSupreme Court of the United States · 1991
- San Antonio Savings Association and Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1989
- Cottage Sav. Asso. v. CommissionerUnited States Tax Court · 1988
- Centennial Savings Bank Fsb, Cross-Appellee v. United States of America, Cross-AppellantCourt of Appeals for the Fifth Circuit · 1989
- Cottage Savings Association v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1990
8 more not listed; retrieve them via the Exa API.