Legal Opinion
Palahnuk v. United States
United States Court of Federal Claims
Decided February 28, 2006No. 04-1513TPublishedCited by 8 opinions
1Opinion of the Court
OPINION
FIRESTONE, Judge.
TMs tax refund case comes before the court on cross-motions for summary judgment. The plaintiffs, Jonathan Palahnuk (“Palahnuk”) and Kimberly Palahnuk (collectively, “plaintiffs”), argue that they are entitled to a refund of $627,019 of their federal income tax for tax year 2000 in connection with certain stock options they had-exercised through a margm loan in that year. The plamtiffs argue that the income should have been recognized in the year 2001, when the plamtiffs paid off the loan with which they purchased the stock. The defendant, the UMted States…
2Cases cited9 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Welch v. HelveringSupreme Court of the United States · 1933
- Helvering v. TaylorSupreme Court of the United States · 1935
- Dana Corporation v. United States, Defendant-CrossCourt of Appeals for the Federal Circuit · 1999
- Billings v. United StatesCourt of Appeals for the Federal Circuit · 2003
4 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- United States v. James H. TuffCourt of Appeals for the Ninth Circuit · 2006
- Palahnuk v. United StatesCourt of Appeals for the Federal Circuit · 2007
- Facq v. Comm'rUnited States Tax Court · 2006
- Cidale v. United StatesCourt of Appeals for the Fifth Circuit · 2007
- Racine v. Comm'rUnited States Tax Court · 2006
3 more not listed; retrieve them via the Exa API.