Quimbee logo
DMCA.com Protection Status

Simon v. Commissioner

103 T.C. 247 (1994)

Case BriefRelatedOptions
From our private database of 28,500+ case briefs...

Simon v. Commissioner

United States Tax Court

103 T.C. 247 (1994)

Facts

Richard and Fiona Simon (plaintiffs) were professional violin players for the New York Philharmonic Orchestra. In 1985, both Richard and Fiona purchased a violin bow made by Francois Tourte. Tourte was considered the premiere violin bow maker, and each bow was made in the nineteenth century. Older violins and older bows produced better sound than newer counterparts, and frequent use of a violin bow deteriorated the quality of sound produced by a violin. When Richard and Fiona bought the Tourte violin bows, the bows were relatively unused. By the time of trial, both bows had noticeably deteriorated. Although each bow had deteriorated with respect to sound quality, each bow had also increased in fair market value as an antique. The Simons deducted an amount for depreciation of recovery property on their 1989 tax return, based on the accelerated cost recovery system (ACRS). The commissioner of internal revenue (commissioner) (defendant) issued a notice of deficiency against the Simons as a result. The Simons petitioned the United States Tax Court for a redetermination.

Rule of Law

Issue

Holding and Reasoning (Laro, J.)

Dissent (Hamblen, C.J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 545,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 545,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 28,500 briefs, keyed to 983 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 545,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 28,500 briefs - keyed to 983 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership