Topic: depends upon both the legitimacy of the underlying investme… · Go Syfert
← All topics

Topic #9097

6 canonical passages across 6 cases, quoted by 40 opinions in total. These passages cluster together because the same opinions keep quoting them side by side: they state parts of one doctrine. The anchor passage is from Zachary H. Sacks and Salley Sacks v. Commissioner of Internal Revenue.

#Case FlagCanonical passage Citers
1 Zachary H. Sacks and Salley Sacks v. Commissioner of Internal Revenue Anchor
ca9 · 1996
green “depends upon both the legitimacy of the underlying investment, and due care in the claiming of the deduction.” 18
2 Freytag v. Commissioner
scotus · 1991
green “not an absolute defense to negligence, but rather a factor to be considered.” 9
3 Robnett v. Commissioner
tax · 2001
green “merely claiming the loss, without further explanation,” 4
4 Waldemar Forchuk, Forchuk Management, Inc. v. Unsecured Creditors Consolidated Oversight Committee, Mosier
ca10 · 1991
green “construe this memorandum or any prior or subsequent communications as constituting legal or tax advice” 3
5 Utah Jojoba I Research v. Commissioner
tax · 1998
green “another example of efforts by promoters and investors in the early 1980's to reduce the cost of commencing and engaging in the farming of jojoba by claiming, inaccurately, that capital expenditures in jojoba plantations might be treated as research or experimental expenditures f…” 3
6 WELCH
· Ste
green “we hold that utah i was not actively involved in a trade or business and also lacked a realistic prospect of entering a trade or business.” 3

A red or yellow flag on a member means the underlying case has negative treatment: for those, check the case page before relying on the passage.

← Caselaw search · Hot / Trending / Newly red · Brief Check