U.S. Court of Appeals for the Ninth Circuit, 1964

Lawrence Y. S. Au and Wrona K. H. Au v. Commissioner of Internal Revenue

U.S. Court of Appeals for the Ninth Circuit · Decided June 8, 1964 · Chambers, Koelsch, Browning

330 F.2d 1008 (Federal Reporter, Second Series)

Counsel

Lawrence Y. S. Au, Honolulu, Hawaii, in pro. per. for appellant., Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, David O. Walter, Stephen B. Wolfberg, and Herbert Goodwin, Attys., Dept. of Justice, Washington, D. C., for appellee.

Cases that cite this one

8 later published cases cite this decision.

Tigers Eye Trading, LLC, Sentinel Advisors, LLC, Tax Matters Partner v. Commissioner (United States Tax Court 2012)
Tigers Eye Trading, LLC v. Comm'r (United States Tax Court 2012)
Burde v. Commissioner (United States Tax Court 1964)
Shaller v. Commissioner (United States Tax Court 1984)
Wheeler v. Commissioner (United States Tax Court 1978)
Gurtman v. Commissioner (United States Tax Court 1975)
Gross v. Commissioner (United States Tax Court 1972)
Parkins v. Commissioner (United States Tax Court 1965)

This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.

Opinion

PER CURIAM.

The Tax Court held that the basis for depreciation of a nonbusiness property which the taxpayers transferred to a business partnership as part of their contribution was the fair market value of such property at the time of such transaction (40 T.C. 264). This conclusion finds support in and is consistent with *1009 the doctrine implied in Helvering v. Owens, 305 U.S. 468, 59 S.Ct. 260, 83 L.Ed. 292 (1939).

The judgment of the Tax Court in determining a deficiency is affirmed.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.