113 T.C. No. 27
UNITED STATES TAX COURT
SOUTHERN MULTI-MEDIA COMMUNICATIONS, INC., FORMERLY WOMETCO CABLE
CORP. AND SUBSIDIARIES f/k/a WEXA CABLE, INC. AND SUBSIDIARIES,
Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No 19455-96. Filed December 8, 1999.
Held: $1,927,396 in costs of certain
improvements to cable television systems does
not qualify 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.
Val J. Albright and Chester W. Grudzinski, Jr., for
petitioners.
Robert M. Morrison, Michael C. Prindible, and
George E. Gasper, for respondent.
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Last modified: May 25, 2011