Legal Opinion
Texas Farm Bureau v. United States
Court of Appeals for the Fifth Circuit
Decided June 1, 1995No. 94-50034PublishedCited by 18 opinions
1Opinion of the Court
WISDOM, Circuit Judge:
This case involves the taxability of income generated by the income-producing activities of a tax-exempt agricultural association. The district court found that the income in ques tion was, in part, non-taxable royalties. We hold that the income in question constituted unrelated business taxable income. Accordingly, we reverse the judgment of the district court and render a judgment in favor of the defendant/appellant, the United States.
I
The plaintiff/appellee, the Texas Farm Bureau (“TFB”), a state agricultural organization formed in the 1920’s, is, like 49 other state…
2Cases cited12 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- The Boeing Company v. Daniel C. ShipmanCourt of Appeals for the Fifth Circuit · 1969
- James C. Thomas, as Trustee of Slt Trust 1 (Rev): 9/29/83 v. E. Lawrence Price, as Trustee of the Elaine Price Trust 1983Court of Appeals for the Fifth Circuit · 1992
- Louisiana Credit Union League v. The United States of AmericaCourt of Appeals for the Fifth Circuit · 1982
- Willace Bridges and Wife, Ruby Bridges v. Groendyke Transport, Inc. And Frank GorsuchCourt of Appeals for the Fifth Circuit · 1977
7 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Patrice SHARP, Plaintiff-Appellee, v. CITY OF HOUSTON; Et Al., Defendants, City of Houston, Defendant-AppellantCourt of Appeals for the Fifth Circuit · 1999
- Buchanan v. City of San AntonioCourt of Appeals for the Fifth Circuit · 1996
- Baltazor v. HolmesCourt of Appeals for the Fifth Circuit · 1998
- Blitz U.S.A., Inc. v. Oklahoma Tax CommissionSupreme Court of Oklahoma · 2003
- The First National Bank of Durant v. Trans Terra Corporation International, Lane & Douglass and Don R. Lane, the First National Bank of Durant v. Malcolm C. DouglassCourt of Appeals for the First Circuit · 1999
13 more not listed; retrieve them via the Exa API.