Summary
In Mt. Mansfield Television, Inc. v. United States, 342 F.2d 994 (2d Cir.), the agreement covered a transmission system designed for the taxpayer, the agreement provided for interest on the balances, and was sold by the lessor to a bank.
Summary of this case from Lockhart Leasing Company v. United StatesOpinion
No. 344, Docket 29352.
Submitted February 19, 1965.
Decided February 26, 1965.
Appellant seeks reversal of judgment for defendant United States District Court for the District of Vermont, Ernest W. Gibson, Judge.
A. Pearley Feen, Burlington, Vt., for plaintiff-appellant.
Louis F. Oberdorfer, Asst. Atty. Gen., Lee A. Jackson, David O. Walter, Robert I. Waxman, Attorneys, Dept. of Justice (Joseph F. Radigan, U.S. Atty., District of Vermont, John H. Carnahan, Asst. U.S. Atty., of counsel), for defendant-appellee.
Before WATERMAN, FRIENDLY and HAYS, Circuit Judges.
Taxpayer seeks reversal of judgment below against taxpayer in its unsuccessful suit to recover a sum paid to the Internal Revenue Service as a deficiency income tax for the calendar years 1957 and 1958.
The judgment for defendant is affirmed on the reasoned opinion of the district judge below, 239 F. Supp. 539 and on the authority of Starr's Estate v. Commissioner, 274 F.2d 294 (9 Cir. 1959.)