1. Home
  2. Browse Decisions
  3. F.2d
  4. 500 F.2d
  5. 500 F.2d 1222 (1974)
 

NORTHWEST ACCEPTANCE CORPORATION v. COMMISSIONER OF INTERNAL REVENUE

No. 73-1879.

500 F.2d 1222 (1974)

NORTHWEST ACCEPTANCE CORPORATION, Petitioner-Appellee, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellant.

United States Court of Appeals, Ninth Circuit.

July 24, 1974.

Attorney(s) appearing for the Case

Richard Farber (argued), Atty. for Tax Div., U. S. Dept. of Justice, Washington, D. C., for respondent-appellant.

Frederick H. Torp (argued), Davies, Biggs, Strayer, Stoel & Boley, Portland, Or., for petitioner-appellee.

Before MERRILL and TRASK, Circuit Judges and SOLOMON, District Judge.

OPINION

PER CURIAM:

In this appeal from a decision of the Tax Court reported at 58 T.C. 836 the issue is whether certain contractual agreements entered into by the taxpayer with others for the use of equipment, constituted conditional sales contracts or leases.

If the transactions were bona fide leases and the taxpayer remained the owner of the equipment, then it was entitled to a deduction for depreciation, Int.Rev...

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