1. Home
  2. Browse Decisions
  3. F.2d
  4. 876 F.2d
  5. 876 F.2d 534 (1989)
 

ACTION DISTRIBUTING CO., INC. v. C.I.R.

No. 88-1182.

876 F.2d 534 (1989)

ACTION DISTRIBUTING COMPANY, INC., Petitioner-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Sixth Circuit.

Decided June 1, 1989.

Rehearing Denied July 25, 1989.

Attorney(s) appearing for the Case

D. Michael Kratchman argued, Edward M. Deron, Dennis F. Tomorsky, Evans & Luptak, Detroit, Mich., for petitioner-appellant.

Gary R. Allen, Chief U.S. Dept. of Justice, Appellate Section Tax Div., Washington, D.C., Mary F. Clark, Robert S. Pomerance argued, for respondent-appellee.

Before MARTIN and JONES, Circuit Judges, and FEIKENS, Senior District Judge.

PER CURIAM:

The question presented is whether Action Distributing Company, Inc. (hereinafter "Action") is entitled as United Beverage Wholesalers, Inc.'s (hereinafter "United") transferee to a deduction for leasehold improvement expenditures which remained unamortized when the United/Byrne leases were terminated. The Tax Court held that Action was not entitled to a deduction because the terminations of the leases effected a liquidating distribution to Byrne.

...

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