Intangible Assets Not "Cost of Goods Sold" for Tax Deduction
Sixth Circuit · 2025-11-05 · Defendant Win · Impact: 20/100
Corning Place Ohio, LLC v. CIR, decided by Sixth Circuit on November 5, 2025, resulted in a defendant win outcome. The Sixth Circuit affirmed the Tax Court's decision, holding that Corning Place Ohio,...
Cryptocurrency is not 'real property' for like-kind exchange tax benefits
Sixth Circuit · 2025-03-19 · Defendant Win · Impact: 75/100
Lonnie Hubbard v. Comm'r of Internal Revenue, decided by Sixth Circuit on March 19, 2025, resulted in a defendant win outcome. The Sixth Circuit affirmed the Tax Court's decision, holding that the tax...