United States Eleventh Circuit
BONE v. COMM'R OF INTERNAL REVENUE, 02-10716
Deductions related to expenses attributable to various long-term construction contracts that plaintiff's S corporation transferred to four related C corporations were impermissible because the expenses benefitted the C corps, not S corp, once the contracts were transferred.
Appellate Information
- Decided 03/26/2003
- Published 03/26/2003
Judges
- ANDERSON, Circuit Judge:, Before ANDERSON and CARNES, Circuit Judges, and HAND , District Judge.
Court
- United States Eleventh Circuit
Counsel
- For Appellant:
- Nancy O. Kuhn,Michael I. Sanders, Powell, Goldstein, Frazer & Murphy, LLP, Washington, DC, for Petitioners-Appellants.
- For Appellees:
- Regina S. Moriarty, Thomas K. Sawyer, Washington, DC, for Respondent-Appellee.