# Lomas Santa Fe, Inc. v. Commissioner

> Court of Appeals for the Ninth Circuit · November 1, 1982 · 693 F.2d 71

URL: https://www.frixlaw.com/law-library/cases/8916048

## Case

- **Full name:** LOMAS SANTA FE, INC., and Subsidiary Companies Lomas Santa Fe Country Club, Norco Landscape & Maintenance Co., and v. COMMISSIONER OF INTERNAL REVENUE, and
- **Court:** Court of Appeals for the Ninth Circuit
- **Decided:** November 1, 1982
- **Citations:** 693 F.2d 71
- **Precedential status:** Published
- **Opinion:** Dissent by Pregerson
- **Judges:** Hug, Pregerson, Tang
- **Cited by:** 7 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/8916048

## Opinion text

PREGERSON, Circuit Judge,
dissenting.
I dissent. The transaction described in the Majority’s Opinion was structured by the taxpayer for valid business purposes. I am of the view that the estate for years retained by taxpayer satisfies the requirements for a depreciation deduction under I.R.C. § 167. I do not find this result to be unsettling, but if it is, then Congress should take the appropriate corrective action to amend the statute.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/8916048. Public record. Not legal advice.