Central Texas Savings & Loan Association v. United States

How courts have described this case

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

• “While the period of the benefits may not be controlling in all cases, it nonetheless remains a prominent, if not predominant, characteristic of a capital item”
• court distinguished the credit card cases by virtue of the fact that the expense of the taxpayer before it created a separate and distinct asset
• court distinguished the credit card cases by virtue of the fact that the expense of the taxpayer before it created a separate and distinct asset
• court distinguished the credit card cases by virtue of the fact that the expense of the taxpayer before it created a separate and distinct asset
• \expenditures incurred in the acquisition of a capital asset must generally be capitalized\
• “`While the period of the benefits may not be controlling in all cases, it nonetheless remains a prominent, if not predominant, characteristic of a capital item.’”

Source: CourtListener parenthetical corpus (CC0).