LTV Corp. v. Commissioner’s Empirical Analysis
1974
Citation profile
How this case has been cited
Cited by 14 later decisions (1 by the Supreme Court) — most recently January 1993
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Haggard v. Commissioner · Haggard v. Commissioner · Mills v. Commissioner · Northwest Acceptance Corp. v. Commissioner · Lockhart Leasing Co. v. United States
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 14 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(b) NEW SECTION 38 PROPERTY. — For purposes of this subpart, the term “new section 38 property” means section 38 property— (1) the construction, reconstruction, or erection of which is completed by the taxpayer after December 31, 1961, or (2) acquired after December 31, 1961, if the original use of such property commences with the taxpayer and commences after such date. In applying section 46 (c) (1) (A) in the case of property described in paragraph (1), there shall be taken into account only that portion of the basis which is properly attributable to construction, reconstruction, or erection after December 31, 1961.”
3 later decisions quote this exact passage“IBM [the seller] felt its installation obligation was not completed until there was a mutual agreement between IBM and the customer [the taxpayer] that the machine was operational and ready to perform the functions for which it was intended.”
1 later decision quote this exact passagee.g. Von Kalinowski“the what in this case is an installed and operating computer; one that is available for use by the * * * [taxpayer] for the purpose for which it was purchased.”
1 later decision quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.