Twenty Mile Joint Venture, PND, Ltd. v. Commissioner

How courts have described this case

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

• noting that the plaintiff \disclaims reliance on section 721(a) because it is clear that the capital contribution at issue here (assuming arguendo that the disputed sum was a capital contribution) was not made in exchange for a partnership interest\
• \the form chosen by the parties will be respected only if it comports with the reality of the transaction\

Source: CourtListener parenthetical corpus (CC0).