BALL, BALL AND BROSAMER, INC. v. C.I.R.

No. 91-70047.

964 F.2d 890 (1992)

BALL, BALL AND BROSAMER, INC., Ball and Brosamer, J.V., a Joint Venture, Ball, Ball and Brosamer, Inc., Tax Matters Partner, Petitioners-Appellees, v. COMMISSIONER INTERNAL REVENUE SERVICE, Respondent-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided May 14, 1992.


Attorney(s) appearing for the Case

Fielding H. Lane, Thelen, Marrin, Johnson & Bridges, San Francisco, Cal., for petitioners-appellees.

Steven W. Parks, U.S. Dept. of Justice, Washington D.C., for respondent-appellant.

Before: REINHARDT, NOONAN and THOMPSON, Circuit Judges.


DAVID R. THOMPSON, Circuit Judge:

In this appeal we consider the question whether profit on a construction contract should have been reported in 1983 instead of 1984 for federal income tax purposes under the completed contract method of accounting.

In 1982, the partnership of Ball, Ball and Brosamer, Inc., and Ball and Brosamer ("the partnership"), contracted with the Army to construct an extended runway, and perform related work, as part of a $500 million...

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