At the time of receipt, IPL did not treat the deposits as income for tax purposes. The Internal Revenue Service (IRS) audited the utility and assessed a tax deficiency. IPL appealed this assessment to the United States Tax Court, which sided with IPL. This decision was then appealed, eventually reaching the Supreme Court.
Jul 3, 2007 ... As an agency of the Government, of course, the IRS shares that immunity. See Settles v. U.S. Parole Comm'n, 429 F.3d 1098, 1106 (D.C.Cir.2005) (agency .... Second, the Government argues that the case law Murphy cites does not support the proposition that the Congress lacks the power to tax as income ...
Case opinion for US 2nd Circuit KAGGEN v. INTERNAL REVENUE SERVICE. Read the Court's full decision on FindLaw.
Feb 12, 2014 ... The decision affirmed a 2013 ruling (downloads as a pdf) by U.S. District Court Judge James E. Boasberg that Congress never gave the IRS the power to license tax preparers and the IRS cannot give itself that authority. The case, Loving v. Commissioner. (complaint downloads as pdf) was originally filed ...
The Internal Revenue Service is the nation's tax collection agency and administers the Internal Revenue Code enacted by Congress.
Item 12 - 31 ... Thor Power Tool v. Commissioner, 439 U.S. 522 (1979). Thor Power Tool v. Commissioner of Internal Revenue. No. 77-920. Argued November 1, 1978 .... At its various plants and service branches, Thor maintains inventories of raw materials, work-in-process, finished parts and accessories, and completed tools.
Begier v. Internal Revenue Service. No. 89-393. Argued March 27, 1990. Decided June 4, 1990. 496 U.S. 53. Syllabus. The Internal Revenue Code directs "every ... Seeking to exercise his power under § 547(b) of the Bankruptcy Code -- which permits a trustee to avoid certain preferential payments made before the debtor ...
Oct 2, 2017 ... U.S. District Court Strikes Down Obama-Era Anti-Inversion Regulation, Limiting IRS's Power To Make Rules That Skirt The APA. By Paul Caron. Shares. Chamber of Commerce v. IRS, No. 1:1 6-CV-944 (W.D. TX Sept. 29, 2017) ( citations omitted):. In April 2016, the Internal Revenue Service and the United ...
Feb 11, 2014 ... APPELLEES v. INTERNAL REVENUE SERVICE, ET AL.,. APPELLANTS. Appeal from the United States District Court for the District of Columbia. (No. 1:12-cv- 00385) ... issued by the Department of the Treasury, of which the IRS is a part. .... the same as representative status or power of attorney: “You.