# Trustee Corp. v. Commissioner

> United States Tax Court · June 2, 1964 · 42 T.C. 482

URL: https://www.frixlaw.com/law-library/cases/4480039

## Case

- **Full name:** The Trustee Corporation v. Commissioner of Internal Revenue
- **Court:** United States Tax Court
- **Decided:** June 2, 1964
- **Citations:** 42 T.C. 482; 1964 U.S. Tax Ct. LEXIS 96
- **Precedential status:** Published
- **Opinion:** Dissent by Tietjens
- **Judges:** Ateins, Tietjens
- **Cited by:** 9 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4480039

## Opinion text

Tietjens, /., dissenting: I would conclude that what the parties actually did in this case was to pay $200,000 for the purpose of canceling the existing lease and obtaining a new 20-year lease, a new asset. The cost should be amortized over the term of the new lease.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4480039. Public record. Not legal advice.