Legal Opinion
Gyro Engineering Corporation, a California Corporation v. United States
Court of Appeals for the Ninth Circuit
Decided October 9, 1969No. 22496_1PublishedCited by 20 opinions
1Opinion of the Court
KOELSCH, Circuit Judge:
The taxpayer, Gyro Engineering Corporation, appeals from a judgment of the district court denying its claim for refund of moneys paid pursuant to the Commissioner’s determination of deficiencies in income tax for the years 1959 and 1960.
The dispute arose out of the transfer of three apartment house properties to Gyro by its two principal stockholders, Chris Mowry and Natalie, his wife. 1 In reporting income Gyro declared that the property was acquired by purchase and calculated depreciation based upon the portion of the purchase price allocated to improvements. 26…
2Cases cited7 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Commissioner v. BrownSupreme Court of the United States · 1965
- Sun Properties, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1955
- Aqualane Shores, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
- Murphy Logging Co. v. United StatesCourt of Appeals for the Ninth Circuit · 1967
2 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Narver v. CommissionerUnited States Tax Court · 1980
- A. R. Lantz Co., Inc. v. United StatesCourt of Appeals for the Ninth Circuit · 1970
- Rudolph A. Hardman, Frances N. Hardman and Hardman, Inc. v. United StatesCourt of Appeals for the Ninth Circuit · 1987
- Northern Ind. Pub. Serv. Co. v. CommissionerUnited States Tax Court · 1995
- Bowen v. CommissionerUnited States Tax Court · 1982
15 more not listed; retrieve them via the Exa API.