United States Ninth Circuit

Payments made by a corporation to redeem stock held by its Employee Stock Ownership Plan were deductible as dividends paid pursuant to 26 U.S.C. section 404(k), under the circumstances.

Appellate Information

• Argued 04/10/2003
• Decided 05/20/2003
• Published 05/20/2003

Judges

• Before D.W. NELSON, THOMAS, Circuit Judges, and PREGERSON, District Judge.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Edward T. Pereluter and Richard Farber, Tax Division, United States Department of Justice, Washington, D.C., attorneys for the appellant.


• For Appellees:
  
• William L. Goldman and Christopher Kliefoth, McDermott, Will & Emery, Washington D.C. and William R. VanHole, Boise, Idaho, attorneys for the appellee.