1. Home
  2. Browse Decisions
  3. T.C.
  4. 103 T.C.
  5. 103 T.C. 547 (1994)
 

BUCKEYE COUNTRYMARK, INC. v. COMMISSIONER

Docket No. 29412-87.

103 T.C. 547 (1994)

BUCKEYE COUNTRYMARK, INC., SUCCESSOR TO FAYETTE LANDMARK, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed November 9, 1994.

Attorney(s) appearing for the Case

Arthur E. Bryan, Jr., George W. Benson, and David J. Duez, for petitioner.

James E. Kagy, for respondent.

WHALEN, Judge:

Respondent determined a deficiency of $26,272 in the Federal income tax of Fayette Landmark, Inc., for its fiscal year ending August 31, 1977. The sole issue for decision is whether section 277 applies to Fayette, a nonexempt cooperative subject to the provisions of subchapter T of the Internal Revenue Code (sections 1381-1388), and prohibits it from carrying back to fiscal year 1977 losses realized during fiscal year 1980 from transactions with...

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