Blum v. Commissioner

How courts have described this case

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

• indicia of tax-avoidance motive are when a taxpayer fails to investigate a deal before signing up and does not understand the details of the plan
• \Evidence that a transaction was designed to 'produce a massive tax loss' indicates the transaction lacks economic substance.\
• “The probability of earning a profit must be rea- sonable, not a mere possibility.” (citing Stobie Creek, 608 F.3d at 1376)
• “Invalidation of a transaction under the economic substance doctrine does not prohibit the imposition of the gross valuation misstatement penalty.”

Source: CourtListener parenthetical corpus (CC0).

Cited by

7 cases in this archive cite this case.

• Vaughn v. United States of America Internal Revenue Service (In Re Vaughn)
  Tenth Circuit· 2014-08-26· cited 26×
• Reddam v. Commissioner
  Ninth Circuit· 2014-06-13· cited 21×
• In re Wyly
  N.D. Texas· 2016-05-10· cited 20×
• United States v. Rapower-3, LLC
  D. Utah· 2018-10-04· cited 7×
• Alternative Carbon Resources v. United States
  Federal Circuit· 2019-09-26· cited 3×
• Blanco v. United States
  D. Colorado· 2016-01-25
• Partita Partners LLC v. United States
  S.D. New York· 2017-07-10

Cites

35 cases in this archive are cited by this case; the 20 most cited are listed.

• United States v. Boyle
  Supreme Court· 1985-01-09· cited 1,888×
• Frank Lyon Co. v. United States
  Supreme Court· 1978-04-18· cited 810×
• United States v. Woods
  Supreme Court· 2013-12-03· cited 317×
• Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal Revenue
  Fourth Circuit· 1985-01-07· cited 312×
• Rice's Toyota World, Inc. v. Commissioner
  U.S. Tax Court· 1983-08-29· cited 221×
• David E. Heasley and Kathleen Heasley v. Commissioner of Internal Revenue
  Fifth Circuit· 1990-06-05· cited 199×
• Coltec Industries, Inc. v. United States
  Federal Circuit· 2006-07-12· cited 183×
• James E. Sochin v. Commissioner of Internal Revenue, Dennis S. Brown v. Commissioner of Internal Revenue
  Ninth Circuit· 1988-03-29· cited 157×
• Howard Gilman v. Commissioner of Internal Revenue
  Second Circuit· 1991-05-14· cited 137×
• Kerry W. Illes v. Commissioner of Internal Revenue
  Sixth Circuit· 1992-09-21· cited 126×
• Stobie Creek Investments LLC v. United States
  Federal Circuit· 2010-06-11· cited 109×
• WCCO Radio, Inc. v. National Labor Relations Board
  Supreme Court· 1988-10-03· cited 82×
• Zachary H. Sacks and Salley Sacks v. Commissioner of Internal Revenue
  Ninth Circuit· 1996-05-06· cited 77×
• Hyman S. Zfass v. Commissioner of Internal Revenue
  Fourth Circuit· 1997-06-23· cited 75×
• Preston W. And Joyce Massengill v. Commissioner of Internal Revenue
  Eighth Circuit· 1989-05-25· cited 74×
• Superior Trading, LLC v. Commissioner
  Seventh Circuit· 2013-08-26· cited 63×
• 106 Ltd. v. Commissioner, IRS
  D.C. Circuit· 2012-06-22· cited 61×
• Shoenberg v. Commissioner of Internal Revenue
  Eighth Circuit· 1935-04-19· cited 57×
• Van Scoten v. Commissioner
  Tenth Circuit· 2006-03-09· cited 54×
• Donald Merino Rosemarie Merino v. Commissioner of Internal Revenue, Defendents
  Third Circuit· 1999-10-29· cited 54×