United States Ninth Circuit
Shea Homes, Inc. v. Commissioner of Internal Revenue, 14-72161
In a tax action, arising over the subject matter of taxpayer's completed-contract accounting method of reporting income related to its development of several planned communities, the tax court's judgment for taxpayers is affirmed where the taxpayers used a permissible accounting method that clearly reflected their income during the tax years at issue.
Appellate Information
- Published 2016/08/24
Judges
- RAWLINSON
Court
- United States Ninth Circuit