Costello v. Univ. of Wash. Med. Ctr.

How courts have described this case

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

• noting that regardless of how Bx is characterized, “the benefit of the [Bx payments] was more than offset by the additional transaction costs that [the taxpayer] incurred to obtain [Bx]”
• noting that Compaq and IES arose out of “factually different contexts”
• “Barclays paid the tax-spread to BNY to share the U.K. tax benefits of STARS between the parties”
• “[T]he Tax Court appropriately bifurcated its analysis of the STARS trust transaction from the $1.5 billion loan.”
• “Barclays shared the tax benefits with BNY by paying BNY the tax-spread”
• rejecting government’s argument that loan - was a sham

Source: CourtListener parenthetical corpus (CC0).