John K. Johnsen Frances Johnsen, Cross-Appellants v. Commissioner of Internal Revenue, Cross-Appellee

How courts have described this case

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

• declining to follow Blitzer ↩ to the extent inconsistent with the position of this Court regarding the commencement of \trade or business\ activities
• \costs incurred in connection with the acquisition or construction of a capital asset are capital expenditures\

Source: CourtListener parenthetical corpus (CC0).