Legal Opinion
Jack L. Baylin, Tax Matters Partner, Painters Mill Venture v. United States
Court of Appeals for the Federal Circuit
Decided January 5, 1995No. 94-5063PublishedCited by 36 opinions
1Opinion of the Court
MAYER, Circuit Judge.
On cross-motions for summary judgment, the United States Court of Federal Claims granted the government’s motion and held that the legal fees of the Painters Mill Venture were a capital expenditure and that the portion of the condemnation award paid to its attorney under a contingency fee agreement was gross income to the partnership. Baylin v. United States, 30 Fed.Cl. 248 (1993). We affirm.
Background
Baylin is the tax-matters partner of Painters Mill Venture, a partnership, which owned 137 acres of land condemned by the State Roads Commission of the Maryland State…
2Cases cited11 opinions
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- James v. United StatesSupreme Court of the United States · 1961
- United States v. GilmoreSupreme Court of the United States · 1963
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
6 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Commissioner v. BanksSupreme Court of the United States · 2005
- Eldon R. Kenseth and Susan M. Kenseth v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 2001
- Srivastava v. CommissionerCourt of Appeals for the Fifth Circuit · 2000
- Kenseth v. CommissionerUnited States Tax Court · 2000
- Franklin P. Coady Nona Coady v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2000
31 more not listed; retrieve them via the Exa API.