William H. Maloof 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.

• noting that every federal circuit court to consider the issue has upheld the use of that standard
• “[A]s a general rule, courts will deem the form of a transaction to reflect its substance.”
• shareholder did not increase basis in S corporation's debt by becoming co-obligor

Source: CourtListener parenthetical corpus (CC0).