Legal Opinion
Thompson v. Commissioner
Court of Appeals for the Sixth Circuit
Decided April 29, 1985No. Nos. 83-1393 to 83-1397PublishedCited by 10 opinions
1Opinion of the Court
BOYCE F. MARTIN, Jr., Circuit Judge.
This is an appeal from a decision of the Tax Court, T.C.M. (P-H) 1(83,081 (1983), holding that certain bad debt expenses taken by a Tennessee heavy equipment dealer were improperly taken under the reserve for bad debts section, 166(c), of the Internal Revenue Code. We affirm in part and reverse in part.
The taxpayers in this case are Thompson & Green Machinery Company, Inc., a Nashville, Tennessee, dealer in heavy construction equipment; DeWitt C. Thompson, III, its principal shareholder; and Diana R. Thompson, his wife. The case turns entire*261ly on the…
2Cases cited16 opinions
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Black Motor Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1942
- Crown v. CommissionerUnited States Tax Court · 1981
- Black Motor Co. v. CommissionerUnited States Board of Tax Appeals · 1940
- H. Liebes & Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1937
11 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Centex Corp. v. United StatesCourt of Appeals for the Federal Circuit · 2005
- Beneficial Corporation and Subsidiaries v. The United StatesCourt of Appeals for the Federal Circuit · 1987
- Schlumberger Technology Corp. v. United StatesCourt of Appeals for the Fifth Circuit · 1999
- Concord Instruments Corp. v. CommissionerUnited States Tax Court · 1994
- Jostens, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1992
5 more not listed; retrieve them via the Exa API.