Calif. Almond Farm Can't Claim $5M Deduction, 9th Circ. Says

By Yvonne Juris · December 6, 2018, 4:53 PM EST

A California almond farm cannot deduct $5 million in interest payments, real estate taxes and other costs incurred while setting up the 2,000-acre plot, the Ninth Circuit has said in backing...

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Case Information

Case Title

Wasco Real Properties I, LLC, et al v. CIR

Case Number

17-71810

Court

Appellate - 9th Circuit

Nature of Suit

tax court 

Date Filed

June 21, 2017