Merle Schuneman and Robert Doty, Trustees Under Trust Agreement Dated April 10, 1977, With Kathryn M. Keefe, as Settlor 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.

• holding that income was substantially dependent on production where the production history of the farmland in question indicated it was likely that a rent- adjustment clause in a lease could cause a 20 percent increase or decrease in taxpayer’s income
• “[T]he qualified use requirement of § 2032A(b)(1) is satisfied if the income from rental of the property is substantially dependent upon production.”

Source: CourtListener parenthetical corpus (CC0).