1. Home
  2. Browse Decisions
  3. F.2d
  4. 423 F.2d
  5. 423 F.2d 1217 (1970)
 

UNITED STATES v. HOFFMAN

No. 22093.

423 F.2d 1217 (1970)

UNITED STATES of America, Appellant, v. Lee HOFFMAN and Judy Hoffman, husband and wife, Appellees.

United States Court of Appeals, Ninth Circuit.

March 27, 1970.

Attorney(s) appearing for the Case

Grant T. Wiprud (argued), Asst. U. S. Atty., Sidney I. Lezak, U. S. Atty., Portland, Ore., Johnnie M. Walters, Asst. Atty. Gen., Dept. of Justice, K. Martin Worthy, Chief Counsel, I. R. C., Washington, D. C., for appellant.

James R. Moore (argued), of Mautz, Souther, Spaulding, Kinsey & Williamson, Portland, Or., for appellees.

Before CHAMBERS, HAMLIN and ELY, Circuit Judges.

PER CURIAM:

Taxpayers sued the United States for recovery of income taxes paid for the years 1958-1961. They claimed losses arising from payments to a bonding company under an agreement by which the taxpayers agreed to indemnify the company for losses it sustained as guarantor of performance of construction contracts made by the taxpayers' family corporation. The issue on appeal is whether the indemnity payments were deductible as ordinary losses incurred in a transaction...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases