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Federal Courts -
6th Circuit Court of Appeals - April 14, 2006
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Indmar Prods. Co. v. Comm'r, No. 05-1573,
UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT, April 14, 2006, Decided , April 14, 2006, Filed
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Overview: After analyzing 11 factor test enumerated in Roth Steel, and finding that eight of eleven factors favored debt over equity, appellate court found that Tax Court erred in disallowing interest deductions taxpayer claimed. Interest deductions were related to a number of advances made to taxpayer by its majority stockholders over several years.
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United States v. Brown, No. 04-6069,
UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT, April 14, 2006, Decided , April 14, 2006, Filed
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Overview: Although the district court did commit Booker error when it resentenced defendant to 280 months' imprisonment for violating 18 U.S.C.S. § 922(g) and 18 U.S.C.S. § 924(e), because the sentence included a substantial discretionary upward departure, the Booker errors were harmless.
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