WellPoint, Inc. v. Commissioner, Docket 09-3161 (7th Cir. March 23, 2010)
Monthly Archives: March 2010
Jade Trading, LLC v. United States
Sales Percentage Trademark Royalty Payments are Deductible
The Second Circuit Court of Appeals, in an opinion by Judge Calebresi, reverses the Tax Court’s decision, holding instead that trademark royalty payments which are calculated as a percentage of sales and incurred on upon the sale of inventory are currently deductible.
Read the opinion here:
Robinson Knife Mfg. v. Commissioner, Docket 09-1496-ag (2d Cir. March 19, 2010)
9th Circuit: Tax Court’s Cost-Sharing Analysis Affirmed
The 9th Circuit Court of Appeals affirmed the Tax Court’s cost-sharing analysis in Xilinx.
Read the opinion here:
Xilinx v. Commissioner, Docket 06-74269 (9th Cir. March 22, 2010)
See the Service’s AOD (Action on Decision) following this opinion click here.