# C&L Processors v. Commissioner

> United States Tax Court · June 3, 1999 · 1999 U.S. Tax Ct. LEXIS 63

URL: https://www.frixlaw.com/law-library/cases/4621539

## Case

- **Full name:** C&L PROCESSORS PARTNERSHIP, CONOCO, INC., TAX MATTERS PARTNER v. COMMISSIONER OF INTERNAL REVENUE
- **Court:** United States Tax Court
- **Decided:** June 3, 1999
- **Citations:** 1999 U.S. Tax Ct. LEXIS 63
- **Precedential status:** Unpublished
- **Opinion:** Opinion
- **Cited by:** 0 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/4621539

## Opinion text

C&L PROCESSORS PARTNERSHIP, CONOCO, INC., TAX MATTERS PARTNER, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.
C&L Processors v. Commissioner
12135-98
United States Tax Court
1999 U.S. Tax Ct. LEXIS 63 ;
June 3, 1999 , Entered
*63 Counsel for Petitioner: DENNIS P. BEDELL, MILLER & CHEVALIER, CHARTERED, Washington, D.C.
Special Trial Attorney: ROBERT M. MORRISON, Dallas, Texas.
Cohen, Chief Judge.
COHEN
DECISION Pursuant to Rule 248(a) of the Tax Court Rules of Practice and Procedure , it is
ORDERED and DECIDED: That the following shows the adjustments to the partnership items of the C&L Processors Partnership for the taxable year ending December 31, 1992: Partnership Item As Reported As Determined
Depreciation $ 9,902,306.00 $ 9,902,306.00
Operating Expenses 6,437,935.00 6,354,153.00
Depreciation -
Capitalized expenses: -0- 7,395.00
AMT - Depreciation Adj. 6,026,834.00 6,030,139.00
ACE - Depreciation Adj. 1,207,055.00 1,207,717.00
* * * * *
It is stipulated that the Court may enter the foregoing decision pursuant to Tax Court Rule 248(a) .
It is further stipulated that Conoco, Inc. is the Tax Matters Partner for C&L Processors Partnership.
It is further stipulated that the undersigned Tax Matters Partner of C&L Processors Partnership for the taxable year ending December 31, 1992, by executing this stipulation, *64 consents to the entry of the foregoing decision in this case and certifies that no party objects.
CONOCO INC.,
RICHARD A. SHERRY
General Manager,
Tax and Chief Tax Officer
Date: 5/27/99
STUART L. BROWN
Chief Counsel
Internal Revenue Service

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4621539. Public record. Not legal advice.