Stinnett's Pontiac Service, Inc., Richard W. Stinnett and Gay P. Stinnett v. Commissioner of Internal Revenue Service

How courts have described this case

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

• “If a fixed obligation to repay the advances exists, the transaction appears to be a loan.”
• “[T]he presence of a definite maturity date and a definite obligation to repay is a highly significant feature of a debtor-creditor relationship.”
• “[T]he presence of a definite maturity date and a definite obligation to repay is a highly significant feature of a debtor-creditor relationship.”
• “If a fixed obligation to repay the advances exists, the transaction appears to be a loan.”

Source: CourtListener parenthetical corpus (CC0).