Ardelean v. Ruan Transport Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• raising Hungarian Half-Breds held not to be an activity for profit
• considering whether or not the taxpayer intends to make a profit
• “the goal must be to realize a profit on the entire operation, which presupposes not only future net earnings but also sufficient net earnings to recoup the losses which have meanwhile been sustained in the intervening years”

Source: CourtListener parenthetical corpus (CC0).