United States Ninth Circuit

Xilinx, Inc. v. Comm'r. of Int'l. Rev., 06-74246

Read Xilinx, Inc. v. Comm'r. of Int'l. Rev., 06-74246
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In an action in Tax Court concerning deductions claimed by Petitioner for its employee stock options, judgment for Petitioner is reversed where related companies in a cost sharing agreement to develop intangibles must share all costs related to the joint venture, even if unrelated companies would not do so.

Appellate Information

Argued 03/12/2008
Decided 05/27/2009
Published 05/27/2009

Judges

Before: STEPHEN REINHARDT, JOHN T. NOONAN, JR. and RAYMOND C. FISHER, Circuit Judges.

Court

United States Ninth Circuit

Counsel

For Appellant:
Alice E. Loughran, Steptoe & Johnson LLP, Washington, D.C., for amici curiae Cisco Systems, Inc., and Altera Corporation., A. Duane Webber, Baker & McKenzie LLP, Washington, D.C., for amici curiae Software Finance and Tax Executives Council and AeA.

For Appellees:
Ronald B. Schrotenboer, Kenneth B. Clark (argued) and Tyler A. Baker, Fenwick & West LLP, Mountain View, CA, for the petitioner-appellee., Gilbert S. Rothenberg, Richard Farber and Arthur T. Catterall (argued), Tax Division, Department of Justice, Washington, D.C., for the respondent-appellant.