Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal Revenue

How courts have described this case

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

• affirming the finding that transaction was a sham and the disallowance of depreciation and interest deductions on nonrecourse debt
• suggesting approval of this approach

Source: CourtListener parenthetical corpus (CC0).