The Supreme Court and the Timing of Deductions for Accrual-Basis Taxpayers

55 Pages Posted: 12 Mar 2009

See all articles by Erik M. Jensen

Erik M. Jensen

Case Western Reserve University School of Law

Abstract

This article examines the Supreme Court's two decisions in the late 1980s dealing with the timing of deductions, United States v. Hughes Properties (1986) and United States v. General Dynamics Corp. (1987), and finds those decisions wanting. Indeed, it is hard to understand why the Court exercised its discretionary jurisdiction twice in such a short period when the cases involved technicalities that seemed to overwhelm the generalist justices and when subsequent disputes with similar factual situations would be affected by statutory changes.

Keywords: Taxation, Deductions, United States v. Hughes Properties, United States v. General Dynamics Corp., Accrual-Basis

JEL Classification: K19, K34

Suggested Citation

Jensen, Erik M., The Supreme Court and the Timing of Deductions for Accrual-Basis Taxpayers. Georgia Law Review, Vol. 22, p. 229, 1988. Available at SSRN: https://ssrn.com/abstract=1357692

Erik M. Jensen (Contact Author)

Case Western Reserve University School of Law ( email )

11075 East Boulevard
Cleveland, OH 44106-7148
United States
216-368-3613 (Phone)
216-368-2086 (Fax)

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