Reports of the United States Tax Court, Volume 83United States Tax Court, 1985 - Government publications |
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9th Cir activities affd agreement alternative minimum tax amended amount applied Arkansas Best audit Baldwin Associates bank carryback CBS Records Chinese Ultimatum Church of Scientology claim coal Commissioner construction contract corporation costs debentures decedent decedent's December decision deduction determined distribution docket employees evidence exclusionary rule exempt expenses facts Federal income tax fees filed grand jury gross income Income Tax Regs income tax return interest Internal Revenue Internal Revenue Code Internal Revenue Service investment issue limited partnership loan Mary Sue Hubbard ment minimum tax mining nonrecourse note notice of deficiency Office operating loss organization paid parties payments percent petition petitioner petitioner's prior profit purchase purpose pursuant received record regulations respect respondent respondent's Ron Hubbard royalties Sargent & Lundy shares status supra taxpayer tion trade or business transaction transfer trust United Kingdom Church Universal Life Church
Popular passages
Page 346 - Section 3. Whenever the President transmits to the President pro tempore of the Senate and the Speaker of the House of Representatives his written declaration that he is unable to discharge the powers and duties of his office...
Page 118 - Secretary or his delegate not to be discriminatory in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees; and (4) if the contributions or benefits provided under the plan do not discriminate in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees.
Page 51 - ... (b) Sales of realty and casual sales of personalty. — In the case (1) of a casual sale or other casual disposition of personal property (other than property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year), for a. price exceeding $1,000...
Page 493 - Evidence of other crimes, wrongs, or acts is not admissible to prove the character of a person in order to show that he acted in conformity therewith. It may, however, be admissible for other purposes, such as proof of motive, opportunity, intent, preparation, plan, knowledge, identity, or absence of mistake or accident.
Page 206 - The value of the gross estate shall include the value of all property to the extent of the interest therein of the decedent at the time of his death.
Page 884 - Except as provided in subsection (b), there shall be allowed as a deduction in computing taxable income all expenditures paid or incurred during the taxable year for the development of a mine or other natural deposit (other than an oil or gas well) if paid or incurred after the existence of ores or minerals in commercially marketable quantities has been disclosed.
Page 34 - Section 355 contemplates a continuity of the entire business enterprise under modified corporate forms and a continuity of interest in all or part of such business enterprise on the part of those persons who, directly or indirectly, were the owners of the enterprise prior to the distribution or exchange.
Page 655 - Whether a transfer of a particular right or interest under a patent is an assignment or a license does not depend upon the name by which it calls itself, but upon the legal effect of its provisions.
Page 663 - A partnership is an association of two or more persons to carry on as co-owners a business for profit.
Page 942 - The following treatment processes where applied by the mine owner or operator shall be considered as mining to the extent they are applied to the ore or mineral in respect of which he is entitled to a deduction for depletion under section 611...