T.C. Memo. 2000-270
UNITED STATES TAX COURT
NEWHOUSE BROADCASTING CORPORATION AND
SUBSIDIARIES, ET AL.,1 Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket Nos. 19448-97, 23753-97, Filed August 25, 2000.
24489-97, 6210-98.
P and R have both moved for partial summary
judgment on the issue of whether property used in
extending and maintaining a cable television system
pursuant to a cable television franchise agreement
qualifies for investment tax credit under the "supply
or service" transition rule of sec. 204(a)(3) of the
Tax Reform Act of 1986, Pub. L. 99-514, 100 Stat. 2085,
2149.
Held: (1) Property to be used by P’s subsidiary M
in extending and maintaining the cable television
system is described in sufficient detail in the
1 Cases of the following petitioners are consolidated herewith:
Advance Publications, Inc., and Subsidiaries, docket No. 23753-
97; Cox Enterprises, Inc., and Subsidiaries, docket No. 24489-97;
and Chronicle Publishing Co., Richard T. Thieriot, Tax Matters
Person, docket No. 6210-98.
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